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 (e $29 per Direct materials cost Product 12.000 units 0.13 per unit $ 2.10 per unit Product 2,000 units 0.26 L per unit $ 3.10 Per unit ) Overhead costs $ 52,210 Activity Machine setup Materials handling Quality control inspections $191,360 Required 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A Products 2. If the market price for Product Als $22.95 and the market price for Product B is $64, determine the profit or loss per unit for each 2. If the market price for Product Als $22.95 and the market price for Product B is $64, 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? Product A Product B Number of setups required for production setups setups Number of parts required partunit part/unit Inspection hours required hours 215 hours Machine setup Materials handling ESH Quality control Total Overhead Assigned Activity Driver Activity Rate Overhead Cost Product A Machine setup Materials handling Quality control Total Overhead Overhead Assigned Activity Driver Activity Rate 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 A Product B Market price