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. Indirect Materials Other Overhead Indirect Labor $390,000 Production Activity Grinding Polishing Product modification Providing power System calibration $185,000 650,000 $255,000 430,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 17,000 machine hours 17,000 machine hours 2,100 engineering hours 14,000 direct labor hours 450 batches Job 3175 210 units 500 MH Job 4286 2,625 units 5,000 MH Number of units Machine hours Engineering hours Batches Direct labor hours 34 eng. 36 eng 54 hours 30 batches 420 DLH hours 90 batches 3,780 DLH Required: 1. Classify each activity as unit level, batch level, product level, or facility level. Grinding Polishing Product modification Providing power System calibration Required: 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 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.) Job 3175 Job 4286 Activity driver Overhead incurred assigned Activity Overhead Cost Activity Rate Overhead assigned Activity driver incurred Grinding & Polishing Activity Drivers Machine hours Engineering hrs. Product modification Direct labor hrs. Providing power System calibration batches 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 Total Overhead Cost Units Produced OH Cost per unit rate Job 3175 Job 4286