4 ! Required information [The following information applies to the questions displayed below.) Part 2 of 3 Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. 6 points Indirect Materials Other Overhead Indirect Labor $370,000 Skipped $180,000 Production Activity Grinding Polishing Product modification Providing power System calibration 600,000 $205,000 460,000 eBook Additional information on the drivers for its production activities follows. Print Grinding Polishing Product modification Providing power System calibration 17,000 machine hours 17,000 machine hours 1,400 engineering hours 17,000 direct labor hours 1,250 batches References Number of units Machine hours Engineering hours Job 3175 180 units 300 MH 28 eng. hours 5 batches 420 DLH Job 4286 2,250 units 3,000 MH eng. 20 hours 15 batches 3,780 DLH Batches Direct labor hours Required: 2, 3 & 4. Compute the activity overhead rates using ABC. Combine the grinding and polishing activities into a single cost pool. Determine overhead costs to assign to the above jobs using ABC. What is the overhead cost per unit for Job 3175? What is the overhead cost per unit for Job 4286? (Round your activity rate and average overhead cost per unit to 2 decimal places. Round "overhead assigned" to the nearest whole dollar.) Job 3175 Activity Overhead Cost Activity Drivers Activity Rate Activity driver incurred Overhead assigned Grinding & Polishing Machine hours Product modification Engineering hrs. Providing power Direct labor hrs. System calibration batches Job 4286 Activity driver Overhead incurred assigned