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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 1,300 contact hours $247,000 2,000 design hours 122,000 41,000 square feet 26,650 Design department Client consultation Drawings Modeling Project management department Supervision Billings Collections 800 days 11 jobs 11 jobs $144,000 9,900 20,900 Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 8,200- square-foot job that requires 530 contact hours, 348 design hours, and 195 days to complete. (Round activity rate answers to 2 decimal places.) Activity Expected Costs Expected Activity Driver Activity Rate Activity Driver Incurred Overhead Assigned Client consultation Drawings Modeling Supervision Billings/Collection Total overhead cost
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