6 Gibson Cameras, Inc., manufactures two models of cameras. Model ZM has a zoom lens: Model DS has a fixed lens Gibson uses an activity-based costing system. The following are the relevant cost data for the previous month: 42 points Direct Cost per Unit Direct materials Direct labor Model ZM $20.60 29.20 Modelos $7.00 9.80 eBook Category Unit level Batch level Product level Facility level Total Estimated Cost $ 25,960 49,400 90,000 180,000 $ 345, 360 Cost Driver Number of units Number of setups Number of TV commercials Number of machine hours Use of Cost Driver ZM: 2,5e0 units; DS: 9,300 units ZM: 25 setups; DS: 26 setups 2H: 14; 5: 11 ZM: 300 hours: 051 600 hours Gibson's facility has the capacity to operate 2.700 machine hours per month References Required a. Compute the cost per unit for each product. b. The current market price for products comparable to Model ZM is $118 and for DS is $69. Gibson sold all of its products at the market prices, what was its profit or loss for the previous month? c. A market expert believes that Gibson can sell as many cameras as it can produce by pricing Model ZM at $113 and Model DS at $34 Gibson would like to use those estimates as its target prices and have a profit margin of 30 percent of target prices. What is the target cost for each product? Complete this question by entering your answers in the tabs below. Required A Required B Required Compute the cost per unit for each product. (Round intermediate calculations and final answers to 2 decimal places.) Type of Product Direct Direct Allocated Total Materials Labor Overhead Model ZM Model DS Mc Complete this question by entering your answers in the tabs below. Required A Required B Required c The current market price for products comparable to Model ZM is $118 and for DS is $69. If Gibson sold all of its products at the market prices, what was its profit or loss for the previous month? (Round intermediate calculations to 2 decimal places Loss amounts should be indicated by a minus sign.) Amount Model ZM Model DS Complete this question by entering your answers in the tabs below. Required A Required B Required A market expert believes that Gibson can sell as many cameras as it can produce by pricing Model ZM at $113 and Model DS at $34. Gibson would like to use those estimates as its target prices and have a profit margin of 30 percent of target prices. What is the target cost for each product? (Round your answers to 2 decimal places.) Model ZM Model DS Target cost / unit