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CHAPTER 17. PLEASE ANSWER ALL Part 1,2 & 3. Thanks!!

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		$	330,000
Polishing						$	130,000
Product modification			600,000
Providing power										$	220,000
System calibration			560,000

Additional information on the drivers for its production activities follows.

Grinding	10,000	machine hours
Polishing	10,000	machine hours
Product modification	2,100	engineering hours
Providing power	13,000	direct labor hours
System calibration	850	batches

	Job 3175		Job 4286
Number of units	130	units	1,625	units
Machine hours	450	MH	4,500	MH
Engineering hours	32	eng.hours	26	eng.hours
Batches	10	batches	30	batches
Direct labor hours	470	DLH	4,230	DLH

PART 1 ANSWER OPTIONS: Batch level, facility level, product level, and unit level.

PART 3 ANSWER OPTIONS: Top left: Direct labor costs, direct labor hours, direct materials, machine hours, number of setups, and overhead costs.

W A S Document1 - Word FILE G BE INSERT DESIGN HOME PAGE LAYOUT REFERENCES MAILINGS REVIEW VIEW ?A - AX Sig 33.33 points Required; 1. Classity each activity as unit level, batch level, product level, or facility level 3. 33.34 points Grinding Required; 5. If the company used a plantwide overhead rate based on direct labor hours, what is the overhead cost for each unit of Job 31757 of Job 42867 (Do not round intermediate calculations, Round "OH Cost per unit , answers to 2 decimal places.) Polishing Product modification Providing power System calibration Product hours OH Units OH Cost per DL Pantelide Total overhead cost Job 3175 Job 4286 33.33 points Required; 2, 3&4, Compute the activity overhead rates using ABC Form cost pools as appropriate. 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.) Job 3175 Overhead cost Activity Drivers Activity Rate Activity driver incurred Job 4286 Overhead Activity driver overhead assigned Grinding & Polishing Proud moduceston Pronding power System calibration Machine hours Engineering hrs. I I Direct Labor hrs. batches - PAGE 1 OF 1 owORDS DE H Search the web and Windows One Dabo Gw s ? 12:25 PM 7/11/2016

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