Upside Down, Incorporated designs custom storage spaces to eliminate clutter in both residential and business settings.The following data pertain to a recent reporting period: 
Required
a.Use ABC to compute overhead rates for each activity.
b.Assign costs to a 3,000 square foot job that requires 70 contact hours, 20 design hours, and 14 days to complete.
Definitions:
Capital Account
An account on a country's balance of payments that records all transactions involving the purchase or sale of assets.
Board Of Directors
A group of individuals elected to represent shareholders and oversee the major decisions and policies of a company.
Par Value
Par Value is the face value of a bond or a stock as stated by the issuing company, which may not reflect the actual market value.
Market Value
The current price at which an asset or service can be bought or sold in a market.
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