Exercise 17-16 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 Design department client consultation 1,500 contact hours $150,000 Drawings 2,000 design hours 316.000 Modeling 50. eee square feet 37,500 Project management department Supervision 800 days $128,608 Billings 8 jobs 10,000 Collections 8 jobs 1,320 Overhead Assigned Required: 1. & 2. Using ABC, compute the firm's activity overhead rates, Form activity cost pools where appropriate Assign costs to a 7,600 square footjob that requires 420 contact hours, 346 design hours, and 175 days to complete (Round activity rate answers to 2 decimal places.) Activity Expected Activity Driver Expected Costs Activity Driver Activity Rate Incurred Client consultation Drawings Modeling Supervision Billings Collection Total overhead cost