Required Information Problem 17-3A Applying activity-based costing LO P1, P3, A1, A2, C3 [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 $340,000 Polishing $190,000 Product modification 650,000 Providing power $200,000 Systen calibration 540,000 Additional Information on the drivers for its production activities follows Grinding Polishing Product modification Providing power Systen calibration 11,000 machine hours 13,000 machine hours 1,600 engineering hours 19,000 direct labor hours 1,050 batches Job 4286 2,250 units 3,000 Number of units Machine hours Engineering hours Batches Direct labor hours Job 3175 130 units 300 MH 32 eng. hours 30 batches 5ee DLH 32 ene. hours 9e batches 4,500 OLH Problem 17-3A Parts 2, 3 & 4 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 42862 (Round your activity rate and average overhead cost per unit to 2 decimal places. Round "overhead assigned to the nearest whole dollar.) Required: 2,3 & 4. Compute the activity overhead rates using ADC 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? Wat overhead cost per unit for Job 4267 (Round your activity rate and average overhead cost per unit to 2 decimal places. Round "overhead assigned to the nearest whole dollar) Overhead Coat Job 3175 Activity driver incurred Activity Rate Overhead Activity assigned Der anned Activity Grinding & Polishing Product modification Activity Drivers Machine how Engineering Direct laboris Providing power System calibration batches EL POLERAS ULICI VEICOU ARELL LOUI $340, eee $190,00 ri WuUL LUI AL LAYAL Grinding Polishing Product modification Providing power System calibration 650.ece $200,000 540,000 Additional Information on the drivers for its production activities follows. Grinding Polishing Product modification Providing power System calibration 13,000 machine hours 13,eee machine hours 1,600 engineering hours 19, eee direct labor hours 1,050 batches Number of units Machine hours Engineering hours Batches Direct labor hours Job 3175 180 units 300 MM 32 eng. hours 30 batches 500 DLH Job 4286 2,250 units 3,000 MH 32 eng. hours 9e batches 4,500 DLH Problem 17-3A Part 5 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 31752 of Job 4286? (Do not round Intermediate calculations, Round "OH Cost per unit" answers to 2 decimal places.) Product DL hours Units Produced OH Cost per unit Job 3175 Plantwide OH Total Overhead Cost rate $ 0.00 $ $ 0.00 $ 0 Job 4206 0