RetuM to uestion 5 Exercise 4-13 Using ABC in a service company LO P3 14.28 points 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 1,500 contact hours 2,000 design hours $270,000 115,000 30,000 40,000 square feet Project management department Supervision Billings Collections 600 days 8 jobs 8 jobs $120,000 10,000 12,000 Required 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 9,200 square foot job that requires 450 contact hours, 340 design hours, and 200 days to complete Round activity rate answers to 2 decimal places.) Answer is complete but not entirely correct Activity Driver Incurred Overhead Assigned Expected Activity Driver 1,500Contact hours 2,000Design hours Activity Rate 78,000 20,300 5,850 30,000 2,750 $136,900 S 180.00 per contact hour 57.50 per design hour 0.75 per square feet 344 7,800 150 40,000 Square feet $ 200.00 per day $ 2,750.00 pr job Days 8Jobs Total overhead cost Answer is complete but not entirely correct Expected Costs Activity Driver Incurred ctivity Client consultation Drawings Modeling Supervision Billings/Collection Expected Activity Driver 1,500Contact hours 2,000Design hours Activity Rate $ 270,000 115,000 30,000 120,000 22,000 S 180.00 per contact hour 57.50 per design hour 0.75 per square feet 344 7,800 150 40,000 Square feet $ 200.00 per day $ 2,750.00 pr job Days 8Jobs Total overhead cost