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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 Drawings Modeling Project management department Supervision Billings Collections 1,900 contact hours 1,400 design hours 54,000 square feet $247,000 74,900 40,500 900 days 7 jobs 7 jobs $144,000 9,900 9,280 Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 3.000- square-foot job that requires 470 contact hours, 360 design hours, and 140 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 0 Drawings Modeling Supervision 0
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