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Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data pertain to a recent reporting period. Activities Costs

Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data pertain to a recent reporting period.

Activities Costs
Design department
Client consultation 1,200 contact hours $ 240,000
Drawings 2,400 design hours 146,400
Modeling 54,000 square feet 40,500
Project management department
Supervision 1,200 days $ 288,000
Billings 9 jobs 8,900
Collections 9 jobs 17,920

Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 9,000 square foot job that requires 460 contact hours, 350 design hours, and 160 days to complete. (Round activity rate answers to 2 decimal places.)

image text in transcribed

Activity Expected CostsExpected Activity Driver Activity Rate Client consultation Drawings Modeling Supervision Billings/Collection

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