Question 23 Budgeted data for Mohawk Waste Handling & Disposal Ltd. for the current year are as follows: Waste Charges Charges $196,690 Waste Technicians wages and fringe benefits Manager's salary and fringe benefits Administrative salaries and fringe benefits Other overhead costs 72,090 33,820 55,022 Total budgeted costs $302,600 $184,525 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 8,900 hours of work in 2020, and it desires a profit margin of $6.00 per hour of labour For waste handling, it wants to earn a 25.00% profit based on waste disposal fees. It estimates the total invoice cost for waste disposal charges in 2020 will be $671,000. 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 s 34.00 Determine the markup percentage on waste disposal charges. Include waste handling costs in the analysis. (Round answer to 2 decimal places, eg. 15.25%.) Markup percentage 90.91 % LINK TO TEXT If Mohawk completes a job that takes 30 hours and incurs waste disposal charges costing $110, what is the invoice price? (Round answer to 2 decimal places, e.g. 15.25.) Invoice prices LINK TO TEXT Question Attempts: 0 of 1 used