Exercise 17-16 Using ABC in a service company LO P3 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 Drawings Modeling Project management department Supervision Billings Collections 1,900 contact hours 2,200 design hours 49,000 square feet $228,000 128,700 34,300 700 days 8 jobs 8 jobs $154,000 8,400 13,680 Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 8,400- square-foot job that requires 440 contact hours, 356 design hours, and 195 days to complete. (Round activity rate answers to 2 decimal places.) Activity Expected Costs Expected Activity Driver Activity Rate Activity Driver Incurred Overhead Assigned Client consultation 0 Drawings Modeling Supervision Billings/Collection 0 0 Total overhead cost