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please make sure you answer the question in the same format as given places.) Product A Product B Number of units produced 11,000 units 1,300

please make sure you answer the question in the same format as given

places.)

Product A Product B
Number of units produced 11,000 units 1,300 units
Direct labor cost (@$24 per DLH) 0.16 DLH per unit 0.30 DLH per unit
Direct materials cost $2.50 per unit $3.00 per unit

Activity Overhead costs
Machine setup $ 63,070
Parts handling 61,000
Quality control inspections 78,030
$ 202,100

Activity Drivers Product A Product B
Number of machine setups required for production 4 setups 18 setups
Number of parts required 4 part/unit 4 parts/unit
Inspection hours required 54 hours 235 hours
image text in transcribedimage text in transcribed
1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line er direct material dollar 27,500 42,240 Direct material cost Direct labor costs Activity Driver OH Cost per unit Overhead Assigned ProductA Product B Plantwide OH rate Total Overhead Cost Units Produced 54 S 94.00$ 11,000S 15.04 5,076 22,090 235 $ 94.00$ 1,300 $ 28.20 Total manufacturing cost per unit: Product A Product B Direct material cost per unit Direct labor cost per unit Overhead cost per unit 15.04 28.20 Total manufacturing cost 2. Assume if the market price for Product A is $20 and the market price for Product B is $61, determine the profit or loss per unit for each product. Product A Product B Market price 3. If ABC is used for assigning overhead costs to products, what is the cost per unit for Product A and for Product B? Machine setup 0 per setup Materials handling 0 per part Quality control inspections

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