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. Production Activity Grinding Polishing Product modification Providing power System calibration Indirect Labor Indirect Materials Other Overhead $400,000 400,000 530,000 $210,000 $230,000 Additional information on the drivers for its production activities follows. Grinding and Polishing Product modification Providing power System calibration 18,000 machine hours 1,700 engineering hours 18,000 direct labor hours 1,400 batches Number of units Machine hours Engineering hours. Batches Direct labor hours Job 3175 150 units 350 MH 34 ang. hours 20 batches 440 DLH Job 4286 1,875 units 3,500 MH 32 eng. hours 60 batches 3,960 DLH Required: 2, 3 & 4. Compute the activity overhead rates using ABC. Combine the grinding and polishing costs into a single cost pool. Determine overhead costs to assign to the above 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.) Activity Overhead Cost Activity Drivers Grinding & Polishing Product modification Machine hours Engineering hrs. Providing power System calibration Direct labor hrs. batches Job 3175 Job 4286 Activity Rate Activity driver incurred Overhead assigned Activity driver incurred Overhead assigned Required: 5. If the company uses a plantwide overhead rate based on direct labor hours, what is the overhead cost for each unit of Job 3175? Of Job 4286? (Do not round intermediate calculations. Round "OH Cost per unit" answers to 2 decimal places.) Product DL hours Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Job 3175 Job 4286