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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

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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 $ 360,000 Polishing $ 115,000 Product modification 450,000 Providing power $ 250,000 System calibration 460,000 Additional Information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 13,000 machine hours 13,000 machine hours 2,000 engineering hours 19,000 direct labor hours 600 batches Job 4286 Job 3175 180 units Number of units 2,250 units Machine hours Engineering hours Batches 250 MH 31 eng hours 30 batches 2,500 MH 32 eng hours 90 batches 4,140 DLH Direct labor hours 460 DLH Required: 2,384. Compute the activity overhead rates using ABC. Combine grinding and polishing into one cost pool Determine overhead costs to assign to the following jobs using ABC What is the overhead cost per unit for Job 31757 What is the overhead cost per unit for Job 42007 (Round your activity rate and average overhead cost per unit to 2 decimal places. Round overhead assigned to the nearest whole dollar) Overhead Cost Job 3175 Activity driver incurred Activity Rate Activity Drivers Machine hours Engineering his Overhead assigned Job 425 Activity driver Overhead assigned Grinding & Polishing Product modification Providing power System albation Direct labore batches equired: If the company used 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.) OH Cost per Product DL hours Units Produced Plantwide OH Total Overhead Cost rate $ 0.00 $ 0 unit Job 3175 $ Job 4286 0.00 GA 0

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