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 Providing power System calibration Indirect Labor Indirect MaterialsOther Overhead $320,000 600,000 500,000 $135,000 $255,000 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 1,500 engineering hours 17,000 direct labor hours 400 batches Job 3175 200 units 550 MH Job 4286 2,500 units 5, 500 MH Number of units Machine hours Engineering hours Batches Direct labor hours 26 eng.hours 30 batches 32 eng.hours 90 batches 500 DLH 4,375 DLH Problem 17-3A Parts 2, 3 & 4 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.)