JIH Farris & Company is an architectural firm specializing in home remodeling for Abagail Levesque hired Farris to design her kitchen remodeling. A total of private clients and new office buildings for corporate clients. Farris charges professional hours were incurred on this job. In addition, LeVesque's remod customers at a billing rate equal to 136% of the client's total job cost. A client's job required one of the professionals to travel back and forth to her house fo total job cost is a combination of (1) professional time spent on the client ($62 per total of 150 miles. The blueprints had to be copied four times because Leve hour cost of employing each professional) and (2) operating overhead allocated to changed the plans several times. In addition, 14 hours of secretarial time wen the client's job. Farris allocates operating overhead to jobs based on professional used lining up the subcontractors for the job. hours spent on the job. Farris estimates its five professionals will incur a total of 10,000 professional hours working on client jobs during the year, Read the requirements (Click the icon to view the operating cost information.) 2,595.00 736% 3,529.20 Requirement 3. Calculate the activity cost allocation rates that could be used to allocate operating overhead costs to client jobs. Determine the formula, then calculate the activity cost allocation rates that could be used to allocate operating overhead costs to client jobs. (Round the rates to the nearest cont.) Total activity cost pool 1 Total activity allocation base = Activity cost allocation rate Transportation to clients $ 9,000 1 15,000 - $ 0.60 per mile Blueprint copying $ 31,000 1 1,000 $31.00 per copy Office support s 205,000 5,000 $ 41.00 per secretarial hour Requirement 4. Calculate the amount that would be billed to Levesque using ABC costing, Determine the formula, then calculate the amount that would be billed to Levesque using ABC costing. (Round all amounts to the nearest cent.) llar ncc 154 Total cost of job Markup percentage = Amount billed to client Move your pointer over or tap on the cells with red arrows to see incorrect answers. Similar Question All parts showing JIH Farris & Company is an architectural firm specializing in home remodeling for Abagail Levesque hired Farris to design her kitchen remodeling. A total of private clients and new office buildings for corporate clients. Farris charges professional hours were incurred on this job. In addition, LeVesque's remod customers at a billing rate equal to 136% of the client's total job cost. A client's job required one of the professionals to travel back and forth to her house fo total job cost is a combination of (1) professional time spent on the client ($62 per total of 150 miles. The blueprints had to be copied four times because Leve hour cost of employing each professional) and (2) operating overhead allocated to changed the plans several times. In addition, 14 hours of secretarial time wen the client's job. Farris allocates operating overhead to jobs based on professional used lining up the subcontractors for the job. hours spent on the job. Farris estimates its five professionals will incur a total of 10,000 professional hours working on client jobs during the year, Read the requirements (Click the icon to view the operating cost information.) 2,595.00 736% 3,529.20 Requirement 3. Calculate the activity cost allocation rates that could be used to allocate operating overhead costs to client jobs. Determine the formula, then calculate the activity cost allocation rates that could be used to allocate operating overhead costs to client jobs. (Round the rates to the nearest cont.) Total activity cost pool 1 Total activity allocation base = Activity cost allocation rate Transportation to clients $ 9,000 1 15,000 - $ 0.60 per mile Blueprint copying $ 31,000 1 1,000 $31.00 per copy Office support s 205,000 5,000 $ 41.00 per secretarial hour Requirement 4. Calculate the amount that would be billed to Levesque using ABC costing, Determine the formula, then calculate the amount that would be billed to Levesque using ABC costing. (Round all amounts to the nearest cent.) llar ncc 154 Total cost of job Markup percentage = Amount billed to client Move your pointer over or tap on the cells with red arrows to see incorrect answers. Similar Question All parts showing