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 ( 529 per DLH) Direct materials cost Product A 11,eee units 0.18 DLH per unit $ 2.30 per unit Product B 1,200 units 0.24 DLH per unit $ 2.90 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 82,196 58,000 79,800 $ 219,996 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 0 per machine hour Machine Hours Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A Product B 1 of 3 !!! Next > themet price for Pinduet As 330 1 and the market price for Products 57 determine the profit or lo per un total Product A Product B Market price 2. 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 5 setups 16 Number of parts required 8 part/unit part/unit Inspection hours required 50 hours 235 hours setups Machine Setup Materials handling Quality control Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine setup Materials handling Quality control $ 1 of 3 !!! Next > Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine setup Materials handing Quality control Product Machine setup Materials handling Quality control 0 Product Product B Total manufacturing costs Direct Materials per unit Direct Labor per unit Overhead per unit Total manufacturing cost per un 4. Determine the profit or loss per unit for each product assuming ABC costing Product A Product B Varket price