A company has identified the following overhead costs and cost drivers for the coming year: Overhead Item Machine setup Inspection Material handling Engineering Total Cost Driver Number of setups Number of inspections Number of material moves Engineering hours $20, 000 130,000 80,000 50,000 $280,000 200 6,500 8,000 1,000 The following information was collected on three jobs that were completed during the year $5,000 $2,000 100 lob 102 $12,000 2,000 Job 103 $8,000 $4,000 200 Direct materials Direct labor Units completed Number of setups Number of inspection Number of material moves Engineering hours 10 30 10 10 Budgeted direct labor cost was $100,000 and budgeted direct material cost was $280,000 1. If the company uses activity-based costing, compute the overhead to be assigned to Job 101. 2. Using activity-based costing, compute the cost per unit of Job 102. 3. Refer to Job 103 . The company prices this product at 140% of cost. If activity-based costing is used, compute the price for Job 103