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 13,500 units 1,700 units Direct labor cost ( $27 per DLH)0.13 DLH per unit .30 DLH per unit Direct materials cost $1.60 per unit $ 2.70 per unit Activity Overhead costs $ 99,440 51,000 71,530 Machine setup Materials handling Quality control inspections $221,970 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line OH C ost per Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced unit Product A Product B Product A Product B 2. If the market price for Product A is $22.97 and the market price for Product B is $57, determine the profit or loss per unit for each uct. 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 ucts, what is the cost per unit for Product A and for Product B? Product A Product B Number of setups required for production 4 setups setups Number of parts required 16 part/unit part/unit 255 Inspection hours required 56 hours hours Machine setup Materials handling Quality control Total Overhead Assigned Activity Rate Activity Driver Overhead Cost Product A Machine setup Materials handling Quality control ProductB Machine setup Materials handing Quality control Product B Total manufacturing costs Product A Direct Materials per unit Machine setup Materials handling Quality control Total manufacturing costs Product A Product B 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 Product B Market price 4.2 Should this information influence company strategy? Yes O No