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3. (4 points) Jardon Painting paints the interiors and exteriors of homes and commercial buildings. The company uses an activity-based costing system for its overhead
3. (4 points) Jardon Painting paints the interiors and exteriors of homes and commercial buildings. The company uses an activity-based costing system for its overhead costs. The company has provided the following data concerning its activity-based costing system Activity Measure Activity Cost Pool Painting.... Job support Other... Annual Activity Square meters 30,000 square meters Jobs None 1,100 jobs Not applicable The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The company has already finished the first stage of the allocation process in which costs were allocated to the activity cost centers. The results are listed below: Job PaintingSupportOtherTotal Service support...S 110,000 S 50,000 $40,000 $200,000 Office expense 40,000-60,000-35.000-135.000 Total Required a. Compute the activity rates (i.c., cost per unit of activity) for the Painting and Job Support activity cost pools by filling in the table below. Round off all calculations to the nearest whole cent. Job Painting Support Total Prepare a Product Margin report for ONE job that involves painting 400 square meters and has direct materials cost of $1,000 and direct labor cost of $1,190. The total sales revenue from this job is $4,600. b
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