Singh and Smythe is an architectural firm that provides services for residential construction projects. The following data pertain to a recent reporting period. (Round activity rate answers to 2 decimal places.) Activities costs 1,800 contact hours 2,000 design hours 47,000 square feet $306,000 110,000 37,600 Design department client consultation Drawings Modeling Project management department Supervision Billings Collections 800 days 9 jobs 9 jobs $152,000 8, 800 17,840 1. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Expected Activity Expected Activity Driver Activity Rate per contact hour Client consultation % per design hour Drawings 0 per square foot Modeling 0 per day Supervision 0 Billings/Collections per job 2. Assign costs to a 8,600 square footjob that requires 430 contact hours, 342 design hours, and 205 days to complete. 1. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate Activity Expected Expected Activity Driver Activity Rate Costs Client consultation % per contact hour Drawings % per design hour Modeling 0 per square foot Supervision 0 per day Billings/Collections 0 per job 2. Assign costs to a 8,600 square foot job that requires 430 contact hours, 342 design hours, and 205 days to complete. Activity driver Overhead -Activity rate- incurred assigned Client consultation * per contact hour Drawings per design hour Modeling Supervision Billings/Collections "Red text indicates no response was expected in a cell or a formula-based calculation no points deducted