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 unlt" answers to 2 decimal places.) Product A Products Number of units produced 13,500 units 1,6ee units Direct labor cost (e $27 per DLH) 8.16 DLH per unit 0.23 DLH per unit Direct materials cost $ 1.58 per unit $ 2.90 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 98,054 58,eee 79,050 5235,104 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 costs 235 104 $ 03.00 per direct labor hour Direct labor hours 2.628 Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product Products Product A Products 2. If the market price for Product A is 525.02 and the market price for Product is $56, determine the profit or loss per unit for each product. 5 Product A Product B Market price 2. 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 ? Product A Product B Number of setups required for production 4 setups 18 setups Number of parts required 18 part/unit 11 part/unit Inspection bours required 50 hours 205 hours Machine Setup Materials handling of Quality control Activity Driver Activity Rate Total Overhead Cost Overhead Assigned Product A Machine setup Manas hanging Quality control Product Machine setup Materials handing Quality control Product A Product Total manufacturing costs Direct Materials per und Direct Labor perunt Overhead per unit Total manufacturing cost per un Determine the profit or loss per unit for each product assuming ADC costing Product A Products Market price