Consider the following data for two products of Gitano Manufacturing. (Loss amounts should be indicated with a minus sign. Round your intermediate colculations and "OH rate and cost per unit" answers to 2 decimal places) Number of units produced 11,680 units Direct labor cost (e $28 per DLH).19 DLH per unit Direct materials cost 1,680 units e.21 DLH per unit s 2.3e per unit s 2.00 per unit Machine setup Materials handling Quality control inspections $ 80,176 56,000 $232,896 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Overhead Assigned Product A Product B Product A Product B 2. If the market price for Product A is $30.68 and the market price for Product B is $59, determine the profit or loss product. per unit for each Product A MI Product B Market price ional inf itional information about these two product lines. If ABC is used for assigning overhead costs to product what is the cost per unit for Product A and for Product B? Product A Product B Number of setups required for production Number of parts required Inspection hours required setups 24 12 part/unit 62 setups part/unit hours hours 250 Machine setup Materials handling Quality control erhead Assigned Activity Driver Total Overhead Cost Activity Rate Product A Machine setup Materials handling Quality control Product B Machine setup Materials handling Quality control t B Total manufacturing costs Direct Materials per unit Direct Labor per unit Overhead per unit Total manufacturing cost per unit Determine the profit or loss per unit for each product assuming ABC costing. Product B Market price 4.2 Should this information influence company strategy? D No D Yes