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Required Information Problem 17-3A Applying activity-based costing LO P1, P3, A1, A2, C3 The following information applies to the questions displayed below. Craft Pro Machining
Required Information Problem 17-3A 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 detsils about overhead costs were taken from its company records. Grinding8 Polishing Product nodification Providing power System calibration $378,080 $155,ee $218,e80 438,880 Additional information on the drivers for its production activities follows. Grinding8 Polishing Product nodification Providing power System calibration 28,82e machine hours 28,888 rachinc hou engineering hours 17,880 direct labor hours 1,82e batches ob 3175 580 MH 32 eng Job 4286 Number of units Machine hours Engineering hours Batche5 5,880 MH 26 eng hours s batchcs hours 15 batchcs Direct labor hours 3,870 DLH Problem 17-3A Parts 2, 3 & 4 2, 3 & 4, Compute the activity overhead rates using ABC. Combine the grinding ond polishing octivities intosingle cost pool. Determine overhead costs to sian to the following iobs using ABC. What is the overnesa cost per unit for Job 3175? What is the overnesd cost per unit for Job 4286? (Round your actlvity rate and average overhead cost per unlt to 2 declmal places. Round "overhead asslgned to the nearest whole dollar.) Job 3175 Job 4286 Overhead Cost Activity Drivers Activity Rata Activity driver Incurred Overhead Activity driver Overhead Grinding& Polishing Machine hours Engineering hrs Direct labor hrs batches Product modification Providing power System calbration
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