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 Producto Number of units produced 11,500 units 1,700 units Direct labor coat (e $24 per DLH) 0.20 DL per unit 0.28 DL per unit Direct materials cost $ 1.70 per unit 5 2.70 per unit Activity Machine setup Materials handling Quality control inspections Overhead coats $111,506 58,000 62,230 $238,736 Required: Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line 0 Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Overhead Assigned Product A Products Product A Product 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line 0 Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A Product B 2. If the market price for Product A is $28.82 and the market price for Product B is $58, 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 11 setups 24 setups Number of parts required 14 part/unit 5 part/unit Inspection hours required 56 hours 245 hours Machine setup 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 11 setups 24 setups Number of parts required 14 part/unit 5 part/unit Inspection hours required 56 hours 245 hours Machine setup 0 Materials handling Quality control Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine setup Materials handling Quality control $ Product B Machine setup Materials handling Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine setup Materials handling Quality control $ Product B Machine setup Materials handling Quality control $ 0 Product A Product B Total manufacturing costs Direct Materials per unit Direct Labor per unit Overhead per unit Total manufacturing cost per unit Determine the profit or loss per unit for each product assuming ABC costing Product A Product B Market price