PLEASE HELP WITH 2, 3 & 4.

Consider the following data for two products of Gitano Manufacturing. (Loss amounts should be indicated with a minus sign. Round "OH rate and cost per unit" answers to 2 decimal places.) Number of units produced Direct labor cost (@ $24 per DLH) Direct materials cost Product A 10,000 units 0.20 DLH per unit $ 2 per unit Product B 2,000 units 0.25 DLH per unit $ 3 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $121,000 48,000 80,000 $249,000 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 249,000 $ 99.60 per direct labor dollar Direct labor hours 2,500 Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A 99.60 $ 19.92 2,000 $ 500 $ 199 200 49,800 10,000 $ 2,000 $ Product B 99.60 $ 24.90 Product B $ 3.00 Total manufacturing cost per unit: Direct material cost per unit Direct labor cost per unit Overhead cost per unit Total manufacturing cost Product A 2.00 $ 4.80 19.92 26.72 $ 6.00 24.90 33.90 $ 2. If the market price for Product A is $20 and the market price for Product B is $60, determine the profit or loss per unit for each product. Product A Product B Market price 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 10 setups 12 setups Number of setups required for production Number of parts required 1 part/unit 3 part/unit 40 hours 210 hours Inspection hours required Machine setup 01 Materials handling 0 Quality control of Overhead Assigned Activity Driver Activity rate Total Overhead Cost Product A Machine setup Materials handling Quality control $ 0 Product B Machine setup Materials handling Quality control $ 0 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