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Please show work with an answer. Thank you! Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data
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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 1,100 contact hours 2,400 design hours 43,000 square feet $132,000 128,400 30,100 Design department Client consultation Drawings Modeling Project management department Supervision Billings Collections 1,200 days 7 jobs 7 jobs $252,000 9,600 8,880 Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 6,800- square-foot job that requires 550 contact hours, 342 design hours, and 190 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 costStep by Step Solution
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