Required Information [The following information applies to the questions displayed below.) A company has determined the following information about various activities used for production: Indirect Materials Other Overhead Production Activity Indirect Labor Grinding $390,000 Polishing Product modification 450,000 Providing power System calibration 430,000 $205,000 $215,000 Additional information on the drivers for its production activities follows. Grinding 15,800 machine hours Polishing 15,000 machine hours Product modification 2,000 engineering hours Providing power 16,000 direct labor hours System calibration 1,400 batches Job 2005 190 units Job 2006 2,375 units 2,500 MH 250 MH Number of units Machine hours Engineering hours Batches Direct labor hours 29 eng. hours 30 eng. hours 15 batches 5 batches 420 DLH 3,780 DLH 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 2005? What is the overhead cost per unit for job 2006? (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 Overhead Cost Activity Drivers Activity Rate Activity driver incurred Overhead assigned Job 4286 Activity driver Overhed incurred assigned Grinding & Polishing Product modification Machine hours Engineering Providing power System calibration Direct labore batches