! 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 Production Activity Indirect Labor Grinding $310,000 Polishing Product modification 450,000 Providing power System calibration 580,000 $210,000 $220,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 8,000 machine hours 8,000 machine hours 2,100 engineering hours 14,000 direct labor hours 600 batches Number of units Machine hours Engineering hours Batches Direct labor hours Job 3175 120 units 500 MH 34 eng. hours 15 batches 500 DLH Job 4286 1,500 units 5,000 MH 28 eng. hours 45 batches 4,500 DLR Required: 1. Classify each activity as unit level, batch level, product level, or facility level. Grinding Polishing Product modification Providing power System calibration 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 following jobs using ABC. What is the overhead cost per unit for Job 31757 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) Overhead Cost Job 3175 Activity driver incurred Activity Rule Overhead assigned Activity Drivers Machine hours Activity Grinding & Polishing Product modification Activity dni incurred Engineering hvis Direct laboris Providing power System calibration batches Direct labor hours 500 DE 4,500 DLR 5. If the company uses a plantwide overhead rate based on direct labor hours, what is the overhead cost for each unit of Job 31757 of Job 42867 (Do not round Intermediate calculations, Round "OH Cost per unit answers to 2 decimal places.) Product DL hours Plantwide OH Tots Overhead out Job 3175 Job 4286