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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

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.)

Product A Product B
Number of units produced 13,500 units 1,400 units
Direct labor cost (@ $29 per DLH) 0.19 DLH per unit 0.27 DLH per unit
Direct materials cost $ 2.10 per unit $ 2.90 per unit

Activity Overhead costs
Machine setup $ 155,974
Materials handling 56,000
Quality control inspections 76,440
$ 288,414

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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 (@ $29 per DLH) Direct materials cost Product A 13,500 units 0.19 DLH per unit $ 2.10 per unit Product B 1,400 units 0.27 DLH per unit $ 2.90 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $155,974 56,000 76,440 $288,414 ces Required: 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. + Overhead costs S 288.414 o per direct labor hour Direct labor hours Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A Product B Type here to search Required: Using direct labor hours as the basis for assigning pverhead costs. etermine the total production cost per unit for each productiline! is 283 4141 ove need costs Direct labor hours o per direct labor hour Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cast Units Produced OH Cost per unit Product A Products Product All Product B 2. If the market price for Product A is $32.47 and the market price for Product B is $58, determine the profit or loss per unit for each product Product A Product B Marcet price 2. Consider the following additional information about these two product lines. If ABC is used for assigning overhead to products, what is the cost per unit for Product A and for Product B? Product A Product B Number of setups required for production 8 setups 28 setups Number of parts required 16 part/unit partlunit Inspection hours required 54 hours 240 hours 7. Machine setup 01 Materials handling oi Quality control 01 Graw Quality control Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine setup Materials handling Quality control s eferences Product B Machine setup Materials handling Quality control Product A 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 Product B

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