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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
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 ($25 per DLH) Direct materials cost Product A 13,500 units 0.16 OH per unit 5 2.40 per unit Product 1,800 units 10.25 D per unit 5.2.10 per unit Activity Machine setup Materials handhang Qanlity control inspections Overhead costs $101.170 54,000 90.000 3253,170 Required: Using direct labor hours the basis for some overhead costs determine the contact olt comper with Overhead Assigned Activity Driver Plantwide Oro Tocal Overhead Coat Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A Product 2. If the market price for Product A is 527.04 and the market price for Product B is 560, determine the profit or loss per unit for each product Product Product B Marka price 3. Consider the following additional information about these two product lines ABC is used for assigning the costs to products with cost per unit for Product A and for Product By Product Product 10 Number of setups required for production 22 setups setup Number of parts required Inspection hours required 12 part/unit 60 hours 5 220 part/unit hours Machine setup Materials handling Quality control of Overhead Asad Activity Driver Activity Rate Total Overhead Cost Product Machine stap Motecals and Cual como Product B Machine setup Materials handling Quality control Product Product B Total manufacturing costs Direct Materials per unit Direct Labot per unit Overhead perni Total manufacturing cost per unit 4. Determine the profit or loss per unit for each product assuming ABC costing Product Market prloo Product &
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