Required information

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Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records.

Production ActivityIndirect LaborIndirect MaterialsOther OverheadGrinding$350,000Polishing$215,000Product modification400,000Providing power$220,000System calibration540,000

Additional information on the drivers for its production activities follows.

Grinding15,000machine hoursPolishing15,000machine hoursProduct modification1,900engineering hoursProviding power13,000direct labor hoursSystem calibration1,050batches

Job 3175Job 4286Number of units220units2,750unitsMachine hours300MH3,000MHEngineering hours29eng. hours24eng. hoursBatches35batches105batchesDirect labor hours420DLH3,780DLH

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 3175? What is the overhead cost per unit for Job 4286?(Round your activity rate and average overhead cost per unit to 2 decimal places. Round "overhead assigned" to the nearest whole dollar.)

Job 3175 Job 4286 Activity Overhead Cost Activity Drivers Activity Rate Activity driver incurred Overhead Activity driver Overhead assigned incurred assigned Grinding & Polishing Machine hours Product modification Engineering hrs Providing power Direct labor hrs . System calibration batches