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 (329 per DLH) Direct materials cost Product 11,000 units 0.12 DLH per unit $ 2.30 per unit Products 1.500 units 0.27 DH per unit $ 2.70 per unit Overhead costs Activity Machine setup Materials handling Quality control inspections $ 158,700 Required: 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line Direct labor costs Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product Product Products 2. # the market price for Product A is $21.94 and the market price for Product is 557, determine the profit or loss per unit for each product Product A Market price D 5 14 Next 1. 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 10 setups 28 setups Number of parts required 12 portunit 11 partunit Inspection hours required 56 hours 250 hours Machine setup Materials handling + Quality control of Activity Driver Activity Rate Total Over Overhead Assigned Product A Machine setup Materials handling Quality control Produto Products Machine stup Quality Control Product Products Total manufacturing costs Drecta per unit Direct Labor per unit Overhead per unit Total manag erunt 4 Determine the profit or loss per for each products ABC Costine Product Product