Required Information Problem 17-3A Applying activity-based costing LO P1, P3, A1
ID: 2334866 • Letter: R
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.j Craft Pro Machining produces machine tools for the construction industry. The following detsils about overhesd costs were taken from its company records. Production Activity Grinding8 Polishing Product rodification Providing power System calibration $378,080 $155,e80 $218,e80 43e,e8e Additional information on the drivers for its production activities follows. Grinding8 Polishing Product nodification Providing power System calibration 28,820 nachine hours 28,e2e mach inc hours engineering hours 2,12 c 17,82e direct labor hours 1,82e batches ob 3175 Job 4286 Number of units Machine hours Engineering hours Batche5 26 eng 15 batchcs 32 eng s batchcs 438 DLH Direct labor hours 3,870 DLH Problem 17-3A Part 5 5. If the company uses a plantwide overhead rate based on direct labor hours, what is the overhead cost for esch unit of Job 3175? Of Job 4286? (Do not round Intermedlate calculations. Round "OH Cost per unlt" answers to 2 decimal places.) Product DL houre Total Overhead Coet Produced per rate unit Jab 3175 Jab 4286Explanation / Answer
Plant wide O/H Rate =
Total Overhead / Total DL Hrs
1765000/17000 Hrs = $103.82
Product
DL Hours
Plantwide O/H Rate
Total O/H Cost
Units Produced
O/H Cost per Unit
Job 3175
430
103.82
44642.60
130
343.40
Job 4286
3870
103.82
401783.40
1625
247.25
Product
DL Hours
Plantwide O/H Rate
Total O/H Cost
Units Produced
O/H Cost per Unit
Job 3175
430
103.82
44642.60
130
343.40
Job 4286
3870
103.82
401783.40
1625
247.25
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