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 DLH) Direct materials cost Product A 11,500 units 0.16 DLH per unit $ 2.30 per unit Product B 1,800 units 0.26 DLH per unit $ 2.50 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 81,252 59,000 76,700 $216,952 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 costs Direct labor hours $ 216 952 $ 120.53 per direct labor hour 1,800 Activity Driver Plantwide OH rate Total Overhead Cost 11,500 Overhead Assigned Units Produced OH Cost per Product A Product B 1800 Product A Product B 2. If the market price for Product A is $27.9 and the market price for Product Bis 562, determine the profit or loss per unit for each 2. If the market price for Product A is $27.9 and the market price for Product B is $62. 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 20 setups Number of parts required 10 partlunit part/unit Inspection hours required 50 hours 245 hours Machine setup Materials handling Quality control Overhead Assigned Activity Driver Activity Rate Total Overhead Cost Product A Machine setup Materials handling Quality control de su 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 Market price Product B