Problem 04-3A Applying activity-based costing LO P1, P3, A1, A2, C3 [The following information applies to the questions displayed below. Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Labor $360,000 Indirect Materials Other Overhead Production Activity Grinding Polishing Product modification Providing power System calibration $120,000 400,000 $235,000 468,000 Additional information on the drivers for its production activities follows. Grinding and Polishing Product modification Providing power System calibration 12,000 machine hours 1,500 engineering hours 19,000 direct labor hours 250 batches Number of units Bob 3175 120 units Bobi 4286 1. sea units Check my wc Number of units Machine hours Engineering hours Batches Direct labor hours 300 31 120 units SSO MH 26 eng. hours 20 batches 420 DLH JOD 4200 1,500 units 5,500 MH 20 eng. hours 60 batches 3,780 DLH Problem 04-3A Parts 2, 3 & 4 Required: 2, 3 & 4. Compute the activity overhead rates using ABC Combine the grinding and polishing costs 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 42867 (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 driver incurred Overhead Cost Over Activity Rate Activity Grinding & Polishing Activity Drivers Machine hours MUULUU UUUUUUU Leck my work Required information U MICROWN Overhead Cost Activity Drivers Job 3175 Activity driver incurred Activity Rate Over! assi Activity Grinding & Polishing Product modification Machine hours Engineering his Direct labores Providing power System calibration batches Activity Drivers Activity Rate Job 3175 Activity driver incurred Job 4286 Activity driver Overhead incurred assigned Overhead assigned Machine hours Engineering his Direct labor hrs batches