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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 1,300 contact hours $195,000 117,000 35,700 2,000 design hours 51,000 square feet Drawings Modeling Project management department Supervision Billings Collections 700 days $168,000 8,900 13,020 8 jobs 8 jobs Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 7,200 square foot job that requires 420 contact hours, 342 design hours, and 125 days to complete. (Round activity rate answers to 2 decimal places.) Activity Driver Incurred Overhead Expected Costs Expected Activity Driver Activity Rate Activity Assigned Client consultation Drawings Modeling 0 Supervision 0 Billings/Collection 0 Total overhead cost
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