Exercise 17-13 Using ABC in a service company LO P3 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 points 18 02:55:07 2,200 contact hours 1,400 design hours 51,000 square feet $418,000 77,000 33, 150 Design department Client consultation Drawings Modeling Project management department Supervision Billings Collections 700 days 8 jobs 8 jobs $119,000 9,700 12,940 References Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 7,800 square foot job that requires 430 contact hours, 352 design hours, and 165 days to complete. (Round activity rate answers to 2 decimal places.) Activity Expected Costs Expected Activity Driver Activity Rate Client consultation Drawings Modeling Supervision Billings/Collection