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Singh and Smythe is an architectural firm that provides services for residential construction projects. The...

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Accounting

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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 Design department client consultation Drawings Modeling Project Management department Supervision Billings Collections 2,100 contact hours 1,400 design hours 41,000 square feet $252,000 85,400 24,600 1,300 days & jobs 8 Jobs $286,000 9,200 14,000 1. Using ABC, compute the firm's activity overhead rates, Form activity cost pools where appropriate Activity Expected Costs Expected Activity Driver Activity Rate Client consultation per contact hour Drawings per design hour Modeling o per square foot Supervision o per day Billing Collections o perjob nces 2. Assign costs to a 7,600 square footjob that requires 540 contact hours, 344 design hours, and 210 days to complete Activity rate Activity driver incurred Overhead assigned Client consultation per contact hour Drawings per design hour Modeling Supervision Billing Collections

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