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 A | Product B |
| Number of units produced | 12,000 units | 1,400 units |
| Direct labor cost (@ $24 per DLH) | 0.21 DLH per unit | 0.29 DLH per unit |
| Direct materials cost | $ 1.60 per unit | $ 2.70 per unit |
| |
| Activity | Overhead costs |
| Machine setup | | $ | 94,226 | |
| Materials handling | | | 61,000 | |
| Quality control inspections | | | 96,410 | |
| | | $ | 251,636 | |
| |
Required
Required Using direct labor hours as the basis for assigning overhead costs determine the total production cost per unit for each product line OH Cost per unit Plantwide OH rate Total Overhead Cost Units Produced Activity Driver Overhead Assigned Product A Product B Product A Product B 2. If the market price for Product A is $30.94 and the market price for Product B is $62, 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 cost per unit for Product A and for product B? Prev Next > 2 of 3 : 3. 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 B? Product A Product B Number of setups required for production 5 setups 36 setups Number of parts required 16 part/unit 9 part/unit Inspection hours required 58 hours 255 hours Machine setup Materials handling Quality control Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine se Material handling Producte Macrest Manecas (Prey 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 handling Quality control 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 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 Market price Product B 4.2 Should this information Influence company strategy? Yes No Prey 2 of 3 Next > Required Using direct labor hours as the basis for assigning overhead costs determine the total production cost per unit for each product line OH Cost per unit Plantwide OH rate Total Overhead Cost Units Produced Activity Driver Overhead Assigned Product A Product B Product A Product B 2. If the market price for Product A is $30.94 and the market price for Product B is $62, 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 cost per unit for Product A and for product B? Prev Next > 2 of 3 : 3. 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 B? Product A Product B Number of setups required for production 5 setups 36 setups Number of parts required 16 part/unit 9 part/unit Inspection hours required 58 hours 255 hours Machine setup Materials handling Quality control Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine se Material handling Producte Macrest Manecas (Prey 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 handling Quality control 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 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 Market price Product B 4.2 Should this information Influence company strategy? Yes No Prey 2 of 3 Next >
