Exercise $17-23($Algo$)$ Activity$-$based costing for a service provider LO P$4$

Singh and Danzin is an architectural firm that provides services for residential construction projects. The following overhead

cost data are from the current period.

Compute an activity rate for each activity using activity$-$based costing.

Allocate overhead cost to a job that requires $56$ contact hours and $351$ design hours.

Compute an activity rate for each activity using activity$-$based costing. $($Round "Activity rate" to $2$ decimal places.$)$