Kumar & Knight is an architectural firm that provides services for residential construction projects. The following data
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1. Using ABC, compute the firms activity overhead rates. Form activity cost pools where appropriate.
2. Assign costs to a 9,200 square foot job that requires 450 contact hours, 340 design hours, and 200 days tocomplete.
Transcribed Image Text:
Activities Costs Design department Client consultation. .1,500 contact hours $270,000 2.000 design hours 5,000 30.000 Modeling 40.000 square feet Project management department 600 days 8 jobs $120,000 0,000 2.000 Collections .. .. .. 8 jobs
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1 Client consultation 2700001500 contact hours 180conhr Drawings 1150002000 design hours 5750de...View the full answer
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