The City of Imperial Falls contracts with Evergreen Waste Collection to provide solid waste collection to households and businesses Until recently. Evergreen had an exclusive franchise to provide this service in Imperial Falls, which meant that other waste collection firms could not operate legally in the city. The price per pound of waste collected was regulated at 20 percent above the average total cost of collection Cost data for the most recent year of operations for Evergreen are as follows. Data on customers for the most recent year are as follows. The City Council of imperial Falis is consideting allowing other private waste haulers to collect waste from businesses, but not from households. Service to businesses from other waste collection firms would not be subject to price regulation. Based on information. from neighboring cities, the price that other private waste collection firms will charge is estimated to be $004 per pound ( $80 per: ton) (1 ton 2.000 pounds) Evergreen's CEO has approached the city councit with a proposal to change the way costs are allocated to households and businesses, which will result in different rates for households and businesses. She proposes that administrative costs and truck operating costs be allocated based on the number of customers and the other collection costs be ollocated based on pounds collected The total costs allocated to households would then be divided by the estimated number of pounds collected from households to determine the cost of collection. The rate would then be 20 percent above the cost. The rate for businessou would be determined uning the same calculotion Required: a. Based on cont dote from the most recent year, what is the price per pound charged by Lvergreen for wasto collecton under the current system (the same rate for both types of customers)? b. Bosed on cost and waste data from the most recent yoar, what would be the perce per pound charged to households and to. businesses bu fvetareen foc waste collection if the CEO's orooosal were accepted? Required: o. Based on cost data from the most recent year, what is the price per pound charged by Evergreen for waste collection under the current system (the same rate for both types of customers)? b. Based on cost and waste data from the most recent yeac, what would be the price per pound charged to households and to businesses by Evergreen for waste collection if the CEO's proposal were accepted? Complete this question by entering your answers in the tabs below. Bated on cost data from the most recent year, what is the price per pound charged by Evergreen for waste collection under the current system (the same rate for both types of customers)? (Do not round intermediate calculations. Roond your answer to 3 decimal ploces.) Required: a. Based on cost data from the most recent year, what is the price per pound charged by Evergreen for waste collection under the current system (the same rate for both types of customers)? b. Based on cost and waste data from the most recent year, what would be the price per pound charged to households and to businesses by Evergreen for waste collection if the CEO's proposal were accepted? Complete this question by entering your answers in the tabs below. Based on cost and waste data from the most recent year, complete the following table to determine the price per pound charged to houscholds and to businesses by Evergreen for waste collection if the CEO's proposal were accepted? (Do not round intermediate calculations, Round your "Average allocated cost per pound" and "Price" answers to 4 decimal places. Pound your "Allocated cost per custome" and "Total allocoted costs" answers to the nearest whole dollar.)
