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What is the overhead cost per unit for job

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Reference no: EM132501835

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$400,000

Polishing $135,000

Product modification 550,000

Providing power $255,000

System calibration 450,000

Additional information on the drivers for its production activities follows.

Grinding16,000machine hours

Polishing16,000machine hours

Product modification1,500engineering hours

Providing power14,000direct labor hours

System calibration550batches

Job 3175Job 4286

Number of units180units2,250units

Machine hours550MH5,500MH

Engineering hours32eng. hours30eng. hours

Batches15batches45batches

Direct labor hours510DLH4,590DLH

Question 1: 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 your activity rate and average overhead cost per unit to 2 decimal places. Round "overhead assigned" to the nearest whole dollar.)

Reference no: EM132501835

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