Question 23 Budgeted data for Mohawk Waste Handling & Disposal Ltd. for the current year are as follows: Waste Waste Processing Handling Charges Charges $178,620 Technicians' wages and fringe benefits Manager's salary and fringe benefits Administrative salaries and fringe benefits Other overhead costs Total budgeted costs $105,045 31,020 61,335 $272,220 $197,400 69,420 24,180 Mohawk receives waste to be disposed of from various customers, incurring a waste disposal charge that it recovers from its customers on a cost recovery basis. Mohawk also incurs waste processing and waste handling costs related to the initial receiving of the waste and getting it ready for disposal For waste processing, Mohawk budgets 7,800 hours of work in 2020, and it desires a profit margin of $7.00 per hour of labour For waste handling, it wants to earn a 15.00% profit based on waste disposal fees. It estimates the total invoice cost for waste disposal charges in 2020 will be $705,000, waste handling costs are assigned based on a percentage of waste disposal charges Calculate the rate charged per hour of labour. (Round answer to 2 decimal places, e.g. 15.25.) Rate charged per hour of labour LINK TO TEXT Determine the markup percentage on waste disposal charges. Include waste handling costs in the analysis. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage LINK TO TEXT If Mohawk completes a job that takes 45 hours and incurs waste disposal charges costing $160, what is the invoice price? (Round answer to 2 decimal places, e.g. 15.25.) Invoice price LINK TO TEXT