Question: 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
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 Grinding Polishing Product modification Indirect Labor Indirect Haterials Other Overhead $390,000 500,000 $175,000 Providing power System calibration 530,000 Additional information on the drivers for its production activities follows. Grinding and Polishing Product modification Providing power System calibration 16,000 machine hours 2,100 engineering hours 19,000 direct labor hours 1,250 batches $250,000 Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Haterials Other Overhead Production Activity Indirect Labor Grinding $390,000 Polishing Product modification 500,000 Providing power System calibration 530,000 $175,000 Additional information on the drivers for its production activities follows. Grinding and Polishing Product modification. Providing power System calibration 16,000 machine hours 2,100 engineering hours 19,000 direct labor hours 1,250 batches Number of units Machine hours Engineering hours) Batches Direct labor hours Job 3175 210 units 500 MH Job 4286 2,625 units 5,000 hours 27 eng. hours 32 eng. 10 batches 30 patches 4,050 450 DLH Problem 17-3A Part 5 $250,000 Batches Direct labor hours hours 10 batches 450 DLH hours 30 batches 4,050 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 3175? Of Job 4286? (Do not round intermediate calculations. Round "OH Cost per unit" answers to 2 decimal places.) Product Job 3175 DL hours Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit $ 0.00 $ 0 Job 4286 S 0.00 $