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Question 11 Required information [The following information applies to the questions displayed below.) Craft Pro Machining produces machine tools for the construction industry. The following
Question 11
Required information [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 Materials Other Overhead Indirect Labor $340,000 $ 170,000 Production Activity Grinding Polishing Product modification Providing power System calibration 400,000 $ 210,000 460,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 19,000 machine hours 19,000 machine hours 2,100 engineering hours 20,000 direct labor hours 400 batches Job 4286 1,625 units 4,000 MH Number of units Machine hours Engineering hours Batches Direct labor hours Job 3175 130 units 400 MH 30 eng. hours 20 batches 430 DLH 20 eng. hours 60 batches 3,870 DLH Required: 5. If the company uses a plantwide overhead rate based on direct labor hours, what is the overhead cost for each unit of Job 3175? Of Job 4286? (Do not round intermediate calculations. Round "OH Cost per unit" answers to 2 decimal places.) Product DL hours Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Job 3175 Job 4286Step by Step Solution
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