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 ($28 per DLH) Direct materials cost Product A 11,000 units 8.13 DLH per unit $ 1.60 per unit Products 1,100 units 0.28 DLH per unit $ 2.70 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 31,710 58,000 75,400 $165, 110 Required: 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line Unit Print CH Cnc runt Owerhear Ascinned Activity Driver Plantwide OH rate Total Overhead Cast 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. 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 Als $23.83 and the market price for Product B is $58, determine the profit or loss per unit for each product Product A Product B Market price 2. If the market price for Product A is $23.83 and the market price for Product B is 558, 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 Products Number of setups required for production 4 setups 34 setups Number of parts required 14 partit 4 portunit Inspection hours required 80 hours hours 230 Machine setup Materials handling . Machine setup Materials handling Quality control Total Overhead Cost Activity Driver Activity Rate Overhead Assigned Product A Machine setup Materials handling Quality control $ Das D Activity Driver Activity Rate Total Overhead Cost Overhead Assigned Product A Machine setup Materials handling Quality control $ 0 Product B Machine setup Materials handling Quality control $ 0 Product A Product B Total manufacturing costs Direct Materials per unit Direct Labor por unit Product A Product B Total manufacturing costs Direct Materials per unit Direct Labor por 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 4.2 Based on your results in part 4, should the profit or loss per unit for each product influence company strategy? Yes OO No