Kumar & Knight is an architectural firm that provides services for residential construction projects. The following data pertain to a recent reporting period.

Required
1. Using ABC, compute the firm€™s 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.

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