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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

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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 ( $27 per DLR) Direct materials cost Product A 12,500 units 0.15 DLH per unit $ 2.00 per unit Product B 1,800 units 0.28 LH per unit $ 3.10 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 64,731 57.000 90,000 $211,731 Required 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line Overhead Assigned OH Activity Plantwide Total Units Cost Driver OH rate voidad Produced per unit Product A Product B Product Product B 2. If the market price for Product A is $25.64 and the market price for Product B is $64, determine the profit or loss per unit for each product Product Product B A 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 10 setups 30 setups production Number of parts 20 part unit 4 partunit required Inspection hours 50 hours 250 required Machine setup Activity Driver Activity Rate Total Overhe Cost Overhead Assigned Product A Machine setup Materials 4.2 Should this information influence company strategy

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