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.) Product Products Number of units produced 12,000 units 1.700 units Direct labor cost ($26 per DL) 0.14 DLH per unit 0.23 DLH per unit Direct materiale cost $ 1.70 per unit $ 3.10 per unit Activity Machine setup Materials handling Quality control inspections Overhead costa $ 33,835 61,000 81,200 $176,035 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 $22.36 and the market price for Product B is $56, 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. 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 11 setups 26 setups Number of parts required 12 part/unit part/unit Inspection hours required hours 230 hours 7 50 Machine setup Materials handling Quality control Activity Driver Activity Rate Total Overhead Cost Overhead Assigned Product A Machine setup Materials handing 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 per unit Overhead per unit Total manufacturing cost per unit 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 Products Market price