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Exercise 4-13 Using ABC in a service company LO P3 Cardiff and Delp is an architectural firm that provides services for residential construction projects. The
Exercise 4-13 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 Design department Client consultation Drawings Modeling 1,600 contact hours 2,000 design hours $208,000 109,008 24,600 41,000 square feet Project management department Supervision Billings Collections 1,100 days 11 jobs 11 jobs $176,000 8,800 19,360 Required 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 8,400 square foot job that requires 560 contact hours, 350 design hours, and 135 days to complete. (Round activity rate answers to 2 decimal places.) Activity Driver Incurred Overhead Assigned Activity Expected CostsExpected Activity Driver Activity Rate Client consultation Drawings Modeling Supervision Billings/Collection Total overhead cost
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