Question
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 1,500 contact hours $ 270,000 Drawings 2,000 design hours 115,000 Modeling 40,000 square feet 30,000 Project management department Supervision 600 days $ 120,000 Billings 8 jobs 10,000 Collections 8 jobs 12,000 Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 9,200 square foot job that requires 450 contact hours, 340 design hours, and 200 days to complete. (Round activity rate answers to 2 decimal places.)
Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 9,200 square foot job that requires 450 contact hours, 340 design hours, and 200 days to complete. (Round activity rate answers to 2 decimal places.)
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