Required information 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. Production Activity Indirect Labor Indirect Materials Other Overhead Grinding $400,000 Polishing $120,000 Product modification 450,000 Providing power $215,000 System calibration 440,000 Additional information on the drivers for its production activities follows. Grinding and Polishing Product modification Providing power Syatem calibration 16,000 machine hours 2,000 engineering hours 14,000 direct labor hours 1,100 batches Job 3175 220 units 450 MOR Job 4286 2,750 unit 4,500 MH Number of units Machine hours Engineering hours Batches Direct Labor hours 31 eng. 3 thg hours 30 batches 430 DLH hours 90 batches 3,870 DLR 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 Overhead Cost Activity Rate Overhead assigned Activity driver incurred Activity Grinding & Polishing Product modification Activity Drivers Machine hours Engineering Direct laboris Providing power System Calibration batches & Proy Next > Problem 04-3A Part 5 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 Units Produced OH Cost per unit Job 3175 Plantwide OH Total Overhead Cost rate $ 0.00 $ 0 $ 0.00 $ 0 Job 4286