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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

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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 Indirect Labor Indirect Materials other overhead Grinding $320,000 Polishing $140,000 Product modification 550,000 Providing power $260.000 System calibration 530,000 Additional information on the drivers for its production activities follows. Grinding and Polishing Product modification Providing power System calibration 17,000 machine hours 1.500 engineering hours 14,000 direct labor hours 850 batches Job 4286 1,625 units 4,000 MH Number of units Machine hours Engineering hours Batches Direct labor hours Job 3175 130 units 400 MH eng. hours 20 batches 480 DER 2 ng, hours 60 batches 4.320 DLR 460 DLH 4.320 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 42862 (Round your activity rate and average overhead cost per unit to 2 decimal places. Round "overhead assigned" to the nearest whole dollar.) Job 3175 Overhead Cost Activity Rate Activity driver incurred Activity Grinding & Polishing Product modification Activity Drivers Machine hours Engineering hrs. Direct labor hrs. batches Providing power System calbration grinding and polishing costs into a single cost pool. Determine rhead cost per unit for Job 3175? What is the overhead cost per ist per unit to 2 decimal places. Round "overhead assigned" Job 3175 Activity Rate Activity driver incurred Overhead assigned Job 4286 Activity driver Overhead incurred assigned S. TS

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