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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
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 (@ $24 per DLH) Direct materials cost Product A Product B 11,500 units 1,700 units 0.19 DLH per unit $ 1.70 per unit 0.24 DLH per unit $ 2.50 per unit Activity Overhead costs Machine setup Materials handling Quality control inspections $114,149 61,000 66,000 $241,149 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 Assigned Product A Product B Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B
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