Johnson & Johnson produces two types of medical devices, Device A and Device B. The following cost data is available:

Cost Item	Device A	Device B
Direct Material	$500/unit	$700/unit
Direct Labor	$200/unit	$300/unit
Overhead	160% of direct labor cost	140% of direct labor cost

Additional Information:

• Production for Device A: 5,000 units
• Production for Device B: 3,000 units

Requirements:

1. Calculate the total cost for Device A and Device B.
2. Determine the cost per unit for each device.
3. Prepare a cost sheet for both devices.
4. Compare the cost structures and suggest which device is more profitable.

Recommend strategies for cost reduction and efficiency improvement.