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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 OH

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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 OH rate and cost per unit" answers to 2 decimal places.) Number of units produced Direct labor cost ($30 per ) Direct materials cast Product A 13,000 units 0.12. DLH per unit 5 2.40 per unit Product 1,200 units 0.30 OH per unit 5 2.30 per unit activity Machine setup Material handling Quality control inspections Overhead costs $ 62,980 53,000 64,500 $150,480 Required: 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line 0 Activity Driver Plantwide OH rate Total Overhead Cost Units Produced Overhead Ansigned OH Coat per unit Product A Product B Product A Product 2. If the market price for Product A is $23.52 and the market price for Product is $54, 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 post per unit for Product A and for Product B? Product Product B Number of setups required for production 11 setups 32 setups Number of parts required 14 part/unit 11 partit Inspection hours required 48 hours 210 hours Machine setup Materials handling Prey 7.10 DIE Next Machine setup Materials handling Quality control Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine setup Materials handling Quality control Product B Machine setup Materials handing Quality control S Product B Machine setup Matenals handling Quality control $ D 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 profit or loss per unit for each product assuming ABC costing Product A Product B Market price

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