Activity Based Costing Activity Based Costing Help Save & Exit Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Tabor $320,000 Indirect Materials Other Overhead Part 2 of 3 Production Activity Grinding Polishing Product modification Providing power System calibration $135,000 600,000 $255,000 500,000 Additional information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power Systen calibration 1,500 engineering hours 17,000 direct labor hours 400 batches Number of units Machine hours Engineering hours Batches Diregt labor hours Job 3175 200 units 550 MH 26 eng-hours 30 batehes 500 DLH Job 4286 2,500 units 5.500 MM J2 eng. hours 90 batehes 4.375 DLH 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 average overhead cost per unit to 2 decimal places.) Job 3175 Activity Rate Activity driver incurred Activity Overhead Cost Activity Drivers Machine hours Grinding & polishing Machine hours Engineering hours 26 eng.hours Jo batches 500 DE 32 .hu 90 batches 4,375 DLR Direet labor hours 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 average overhead cost per unit to 2 decimal places.) Job 3175 Overhead Activity dirt Activity Overhead Cost Activity Rate Activity driver incurred Grinding & polishing Activity Drivers Machine hours Engineering his Product modification Providing power Direct lobortis Systom calibration 23 of 3 Next > MacBook Pro @ # $ % ^ & III - Number of units Machine hours Engineering hours Batches Direet labor hours 200 units 550 MH 26 eng.hours 30 batches 500 DLH Job 4286 2,500 units 5,500 MH 32 eng. hours 90 batches 4.375 DLH eBook Print Required: 5. If the company uses a plantwide overhead rate based on direct labor hours, what is the overhead cost for each unit of Je Job 42867 (Do not round Intermediate calculations. Round "OH Cost per unit" answers to 2 decimal places.) References Product DL hours Plantwide OH Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Job 3175 Job 4286 MacBook Pro