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 (@ $26 per DLH) Direct materials cost Product A 13,500 units 0.15 DLH per unit $ 2.20 per unit Product B 1,600 units 8.26 DLH per unit $ 2.30 per unit Activity Machine setup Materials handling Quality control Inspections Overhead costs $101,577 54,000 B1,200 $236,777 Required: Using direct labor hours as the banks toreigning overend costs, dotarin the total production cost per unit to math product line 0 Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Overhead Assigned Product A Product B + Product A Product B 2. If the market price for Product A is $26.89 and the market price for Product B is 562, determine the profit or loss per unit for each product Product A Product 3 Market price J. 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 ProdudB Number of setups required for production 10 setups 26 Botupo Number of parts required 6 partun 11 partland Insphction hours required 50 hours 240 hours Machine setup Consider the following additional information about these two product lines ABC Wed for Assigning overhead conta do products. What is the Cost pe unit for Product A and for Product ? Product A Product B Number of setups required for production 10 setups 26 setups Number of parts required 6 part/unit 11 part/unit Inspection hours required 50 hours 240 hours Machine setup Materials handling Quality control Activity Driver Activity Rate Total Overhead Cost Overhead Assigned Product A Machine setup Materials handling Quality control 5 Product B Machine setup Materials handling Quality control 5 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 prelit or loss per unit for each product assuming ABC costing Product A Market price Product B 4.2 Based on your results in part 4 should the profit or loss per unit for each product influence company strategy? - Yes O No