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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 0H

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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 "0H rate and cost per unit" answers to 2 decimal places.) Product A Product B Number of units produced 12,886 units 1,588 units Direct labor cost (@ $36 per DLH) 6.13 DLH per unit 6.2? DLH per unit Direct materials cost 5 1.76 per unit 5 2.56 per unit Activity Overhead costs Machine setup 5 41,563 Materials handling 53,860 Quality control inspections 93,816 $ 192, 579 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 Activity Driver | Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A Product B 2. If the market price for Product A is $23.46 and the market price for Product B is $62, determine the profit or loss per unit for each product. Product A Product B Market price3. 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 5 setups 12 setups Number of parts required 6 part/unit 4 part/unit Inspection hours required 52 hours 245 hours Machine setup Materials handling Quality controlMachine setup Materials handling Quality control Product B Machine setup Materials handling Quality control Direct Materials per unit Direct Labor per unit Overhead per unit Total manufacturing cost per unit

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