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 (@ $25 per Direct materials cost Product A 11,500 units 0.13 DLH per unit $ 2.40 per unit Product B 1,700 units 0.22 DLH per unit $ 2.30 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 67,423 52,000 61,870 $181,293 Required: 1 Using hours as the basis for assing wereadostu determine the follo on as per unit for its produet me Direct labor hours Direct labor hours Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A S Product B .. be market price for Product A is $24.5 and the market price for Product B is $65. determine the profit or loss per unit for each product Product Al 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 Products Number of setups required for production ups Number of parts required oart'unt Flunit Inspection hours required hours setups Prev 2 of 6 Next > 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 4.2 Based on your results in part 4. should the profit or loss per unit for each product influence company strategy? No Yes