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 1,900 contact hours $342,000 Drawings 2.000 design hours 110,000 Modeling 47,000 square feet 35,250 Project management department Supervision 1,300 days $234,000 Billings 9 jobs 8,800 Collections 9 jobs 16,040 Required: 1. & 2. Using ABC, compute the firm's activity overhead rates, Form activity cost pools where appropriate. Assign costs to a 8,200 square-foot job that requires 450 contact hours, 344 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 Drawings Modeling Supervision Billings/Collection Total overhead cost