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Consider the following data for two products of Gitano Manufacturing. (Loss amounts should be indicated with a minus sign. Round oH rate and cost per
Consider the following data for two products of Gitano Manufacturing. (Loss amounts should be indicated with a minus sign. Round "oH rate and cost per unit'' answers to 2 decimal places.) Product A Product B Number of units produced 10,000 units 2,000 units Direct labor cost (@$24 per DLH) 0.20 DLH per unit 0.25 DLH per unit Direct materials cost 2 per unit 3 per unit Overhead Activity costs 121,000 Machine setup 48,000 Materials handling 80,000 Quality control 249,000 Required: 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line Activity OH Cost per Overhead Assigned Plantwide OH rate Total Overhead Cost Units Produced Driver unit Product A Product B Product A Product B
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