Required information [The following information applies to the questions displayed below.] Craftmore Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Production Activity Grinding Polishing Product modification Providing power System calibration Indirect Labor Indirect Materials Other Overhead $380,000 600,000 530,000 $120,000 $250,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 16,000 machine hours 16,000 machine hours 1,400 engineering hours 14,000 direct labor hours. 1,500 batches