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3. (4 points) Jordon Painting points the interiors and exteriors of homes and commercial buildings. The company uses an activity-based costing system for its overhead
3. (4 points) Jordon Painting points 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 Cost Pool Annual Activity Painting Job support Other Activity Measure Suuare meters Johs None 30,000 square meters 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 Painting Support Ouer Tuial $150,000 $110,000 $75,000 $35,000 Toral Required: 1. Compute the notivity rutes (i.c., cost per unit of activity) for the Painting and Job Support activity cast pools by filling in the table helow. Round off all calculations to the nearest whole cent. Job Painting Support Activity Rate b. Prepare a Product Margin report for ONE job that involves painting 400 square meters and has direct materials cost of $1.00) and direct labor cost of S1,190. The total sales revenue from this job is $4.600)
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