Consider the following data for two products of Gitano Manufacturing (Loss amounts should be indicated with a minus sign. Round your Intermediate calculations and "OH rate and cost per unit" answers to 2 decimal places) Number of units produced Direct labor cost (e $25 per DLH) Direct materials cost Product A 13,000 units 0.15 DLH per unit $ 2.20 per unit Product B 1,500 units 0.27 OLH per unit $ 2.90 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 74,945 52,000 82.650 5200, 595 Required 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product per unit Overhead Assigned OH Cost per Activity Driver Plantwide OH rate Total Overhead Cost Units Produced unit Product A Product B Product A Product B 2. If the market price for Product A is $25.54 and the market price for Product B is 560, determine the profit or loss per unit for each product Product A Product B Market price 3. Consider the following additional information about these two product lines. If ABC is used for assigning overhead costs to products, what is the cost per unit for Product A and for Product B? Product Product B 3. Consider the following additional information about these two product lines. If ABC is used for assigning overhead costs to products, what is the cost per unit for Product A and for Product B? Product A Product B Number of setups required for setups setups production Number of parts required partunit 10 part/unit Inspection hours required 50 hours 235 hours 12 Machine setup Materials handling Quality control Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine setup Materials handling Quality control Materials handling Quality control Product B Machine setup Materials handling Quality control Product Product B Total manufacturing costs Direct Materials per unit Direct Labor per unit Overhead per unit Total manufacturing cost per unit 4. Determine the profit or loss per unit for each product assuming ABC costing. Product A Market price Products 4.2 Should this information influence company strategy? Yes O No