Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Production Activity Indirect Labor Indirect Materials other Overhead Grinding $320,000 Polishing $135,000 Product modification 600,000 Providing power $255, eee System calibration see, e90 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 13,000 machine hours 13,000 machine hours 1,500 engineering hours 17,000 direct labor hours 400 batches Number of units Machine hours Engineering hours Batches Direct labor hours Job 3175 200 units 550 MH 26 eng. hours 30 batches 500 DLH Job 4286 2,500 units 5,500 MH 32 eng. hours 90 batches 4,375 DLH 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 average overhead cost per unit to 2 decimal places.) Activity Overhead Cost Activity Rate Job 3175 Activity driver incurred Overhead assigned Grinding & polishing Product modification Providing power System calibration Activity Drivers 13,000 Machine hours 1.500 Engineering 17,000 Direct labor hrs. 400 batches bine the grinding and polishing activities into a single cost pool, BC. What is the overhead cost per unit for Job 3175? What is the ad cost per unit to 2 decimal places.) Drivers Activity Rate Job 3175 Activity driver incurred Overhead assigned Job 4286 Activity driver Overhead incurred assigned Machine hours Engineering hes Direct laboris batches