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 1,700 contact hours 2,000 design hours 53,000 square feet $289,000 114,000 31,800 Drawings Modeling Project management department Supervision Billings Collections 1,300 days 7 jobs 7 jobs $273,000 8,700 12,300 Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 8,000- square-foot job that requires 430 contact hours, 354 design hours, and 165 days to complete. (Round activity rate answers to 2 decimal places.) Activity Driver Incurred Overhead Activity Expected Costs Expected Activity Driver Activity Rate Assigned Client consultation Drawings Modeling Supervision Billings/Collection

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 1,700 contact hours 2,000 design hours 53,000 square feet $289,000 114,000 31,800 Drawings Modeling Project management department Supervision Billings Collections 1,300 days 7 jobs 7 jobs $273,000 8,700 12,300 Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 8,000- square-foot job that requires 430 contact hours, 354 design hours, and 165 days to complete. (Round activity rate answers to 2 decimal places.) Activity Driver Incurred Overhead Activity Expected Costs Expected Activity Driver Activity Rate Assigned Client consultation Drawings Modeling Supervision Billings/Collection

Name: Cardiff and Delp is an architectural firm that provides services for
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Description: Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data pertain to arecent reporting period.ActivitiesCostsDesign departmentClient consultation1,700 contact hours2,000 design hours53

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 8E: A manufacturing company has two service and two production departments. Building Maintenance and...

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