Homework Submitted 5.73/9 Total points awarded Help Consider the following data for two products of Gitano Manufacturing. (Loss amounts should be indicated with a minus sign. Rour your intermediate calculations and "OH rate and cost per unit" answers to 2 decimal places.) Product A Product B Number of units produced 12,000 units 1,200 units Direct labor cost ( $29 per DLH) 0.19 DLH per unit 0.21 DLH per unit Direct materials cost $ 1.70 per unit $ 2.70 per unit ded Activity Machine setup Materials handling Quality control inspections Overhead costs $ 79,904 61,000 79,380 $220,284 Required: 87.00 hour 1. Uning direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. Overhead costs $ 220,284 per direct labor Direct labor hours 2,532 Overhead Assigned Activity Pithtwide OH Total Overhead OH Cost per Units Produced Driver rate Cost unit Product A 2,280$ 87.00 $ 198,360 12,000 $ 16.53 Product B 252 $ 87.00 21,924 1,200 18.27 Total manufacturing cost per unit: Direct material cost per unit Direct labor cost per unit Product A 1.70 S Product B 2.70 6.09 5.51 Machine setup Materials handling Quality control 10 setups x parts X 54 inspection hours $ TO Product B 28 setups 0 $ Machine setup Materials handling Quality control 240 inspection hours 0 S Product A 1.70 Product B 2.70 $ otal manufacturing costs Direct Materials per unit Direct Labor per unit Overhead per unit otal manufacturing cost per unit 5.51 6.09 Determine the profit or loss per unit for each product assuming ABC costing. Product A Market price 28.86 $ Manufacturing cost per unit 0.00 Profit(loss) per unit Led text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted Product B 62.00 0.00 Homework Submitted 5.73/9 Total points awarded Help Consider the following data for two products of Gitano Manufacturing. (Loss amounts should be indicated with a minus sign. Rour your intermediate calculations and "OH rate and cost per unit" answers to 2 decimal places.) Product A Product B Number of units produced 12,000 units 1,200 units Direct labor cost ( $29 per DLH) 0.19 DLH per unit 0.21 DLH per unit Direct materials cost $ 1.70 per unit $ 2.70 per unit ded Activity Machine setup Materials handling Quality control inspections Overhead costs $ 79,904 61,000 79,380 $220,284 Required: 87.00 hour 1. Uning direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. Overhead costs $ 220,284 per direct labor Direct labor hours 2,532 Overhead Assigned Activity Pithtwide OH Total Overhead OH Cost per Units Produced Driver rate Cost unit Product A 2,280$ 87.00 $ 198,360 12,000 $ 16.53 Product B 252 $ 87.00 21,924 1,200 18.27 Total manufacturing cost per unit: Direct material cost per unit Direct labor cost per unit Product A 1.70 S Product B 2.70 6.09 5.51 Machine setup Materials handling Quality control 10 setups x parts X 54 inspection hours $ TO Product B 28 setups 0 $ Machine setup Materials handling Quality control 240 inspection hours 0 S Product A 1.70 Product B 2.70 $ otal manufacturing costs Direct Materials per unit Direct Labor per unit Overhead per unit otal manufacturing cost per unit 5.51 6.09 Determine the profit or loss per unit for each product assuming ABC costing. Product A Market price 28.86 $ Manufacturing cost per unit 0.00 Profit(loss) per unit Led text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted Product B 62.00 0.00