Consider the following data for two products of Vigano Manufacturing. (Round OH rate and cost per unlt answers to 2 decimal places.) Product A Product B Number of units produced 11,500 units 1,700 units Direct labor cost (@$23 per DLH) 2.20 DLH per unit 0.29 DLH per unit Direct materials cost $1.90 per unit $2.40 per unit Activity Machine setup Parts handling Quality control inspections Overhead costs $120,307 61,080 95,200 $276,507 Activity Drivers Number of machine setups required for production Number of parts required Inspection hours required Product A 12 setups 10 part/unit 62 hours Product B 28 setups 7 parts/unit 210 hours 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 Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A Product B 2. Assume if the market price for Product A is $25 and the market price for Product B is $56, determine the profit or loss per unit for each product. Product A Product B Market price 3. If ABC is used for assigning overhead costs to products, what is the cost per unit for Product A and for Product B? Machine setup Materials handling Quality control inspections of Activity Driver Activity rate Total Overhead Cost Overhead Assigned Product A Machine setup Materials handling Quality control inspections S 0 Product B Machine setup Materials handling Quality control inspections S 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 Should this information influence company strategy