Exercise 17-12 Using ABC for strategic decisions LO P1, P3 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 (@ $30 per DLH) Direct materials cost Product A 13,000 units 0.18 DLH per unit $ 2.20 per unit Product B 2,000 units 0.29 DLH per unit $ 2.50 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $118,760 61,000 85,960 $265,720 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. 01 Direct labor hours Overhead costs 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 $30.22 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