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Need help with the blank blue boxes in overhead assigned section under part 3. please show work Consider the following data for two products of

Need help with the blank blue boxes in "overhead assigned" section under part 3. please show work

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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 (@ $31 per DLH) Direct materials cost Product A 12,500 units 0.12 DLH per unit $ 2.00 per unit Product B 1,600 units 0.21 DLH per unit $ 2.50 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 46,756 60,000 69,500 $176, 256 Required: 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 Overhead Assigned $ 176,256 $ 96.00 per direct labor hour 1,836 Activity Driver Plantwide OH rate Total Overhead Cost 1,500 $ 96.00 $ 144,000 | 336/ $ 96.00 $ 32,256 Product A Units Produced 12,500 1,600 OH Cost per unit $ 11.52 $ 20.16 Product B Product A 2.00 Product B 2.50 $ $ Total manufacturing cost per unit: Direct material cost per unit Direct labor cost per unit Overhead cost per unit Total manufacturing cost 3.72 6.51 11.52 20.16 $ 17.24 $ 29.17 2. If the market price for Product A is $23.48 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 $ 23.48 $ 58.00 Manufacturing cost per unit (17.24) (29.17) Profit(loss) per unit 6.24 $ 28.83 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 22 Number of setups required for production Number of parts required Inspection hours required 3 10 48 setups part/unit hours setups part/unit 5 230 L hours Machine setup Overhead costs $ 46,756 Oper setup Materials handling Overhead costs [ $ 60,000 per part Quality control Overhead costs $ 69,500 per inspection hour Activity Driver Activity Rate Total Overhead Cost Overhead Assigned Product A Machine setup Materials handling 3 setups parts 48 inspection hours per setup per part per inspection hour Quality control Product B 22 setups per setup $ 0 Machine setup Materials handling Quality control 230 inspection hours per inspection hour Product A Product B Total manufacturing costs Direct Materials per unit Direct Labor per unit Overhead per unit Total manufacturing cost per unit

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