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 13,000 units 2,000 units Direct labor cost ( $24 per DLH) 0.13 DLH per unit 0.26 DLH per unit Direct materials cost $ 2.30 per unit $2.50 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 30,804 57,000 96,900 $184,704 Required: 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. Direct materials per direct material Direct labor costs Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit dollar Product A Product Product A Product B 2. If the market price for Product A is $23.02 and the market price for Product Bis $63, 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 A Product B Number of setups required for production 6 setups 18 setups Number of parts required 14 part unit 5 partunt Inspection hours required 60 hours 225 hours Machine setup of Materials handling Quality control of Activity Driver Activity Rate Total Overhead Cost Overhead Assigned Product Machine setup Materials handling Quality control $ 0 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 un 4. Determine the profit or loss per unit for each product assuming ABC costing. Product A Product B Market price 4.2 Based on your results in part 4. should the profit or loss per unit for each product influence company strategy? O Yes O No