Mequired information The kilouing informatidi apoles to the questions displimed belowy Miami Valley Architects inc, provides a wide range of engineering and architectural consulting services through its thvee branch offices in Columbus, Cincinnat, and Dayton, Otila. The company alocotes resources and bonuses to the three branches bised on the net income of the period. The results of the firm's performance for the most recert year follows is in thousandin? Mami Valley accumulotes overhesd ilems in one overhesd pook and allocates it to the branches based on direct labo: dotiors. For this year, the predetermined overthead rate was 51 s as 9 for every direct labor dolar incurred by an office. The overheod pool includes rent, depreciotion, and teves, regardiess of which office incirred the expense 5ome branch manogint complin thet the overtiesd allociton method forces them to ebsorb a portion of the overhead incurred by the ether offices. Manegement is concerned with the rectent operating resils. During a review of ovemead expenses. management noticed Manegement decided that applying overtheod based on activily-based costing and direct tracing wherever possible thould provide o more accurate picture of the profiablity of each bed cosh. directly to the office that incurred the ovecthesd is in thousends: Activity pook and their correspondine cost divers were determined from the accounting records and staff survers as. follow: fecquired: 1. What overtead cons should be assiphed 10 ench branch based on ABC concrots? 3. What is the prof tabilicy of esch branch orlicg inthy ABC? Complete this question fry entering yeur onuwers ia the trbe below. Required: 1. What overhead costs should be assigned to each branch based on ABC concepts? 2. What is the contribution of each branch before subtracting the results obtained in requirement 1 ? 3. What is the profitability of each branch office using ABC? Complete this question by entering your answers in the tabs below. What overhead costs should be assigned to each branch based on ABC concepts? (Do not round intermedlate calculations. Enter your anawers in thousands of dollars, rounded to two decimal placess.) Required: 1. What overhead costs should be assigned to each branch based on ABC concepts? 2. What is the contribution of each branch before subtracting the results obtained in requirement 1 ? 3. What is the profitability of each branch office using ABC? Complete this question by entering your answers in the tabs below. What is the proftability of each branch office using ABC? (Enter your answers in thousands of dollars. Round your intermediate calculations and "Activity based overhead" to 2 decimal places.) Required: 1. What overhead costs should be assigned to each branch based on ABC concepts? 2. What is the contribution of each branch before subtracting the results obtained in requirement 1 ? 3. What is the profitability of each branch office using ABC? Complete this question by entering your answers in the tabs below. What is the contribution of each branch before subtracting the results obtained in requirement 1 ? (Enter your answers in thousands of dollars.)
