Product Profitability

and $30,000$ garden tractors annually. Revenues and costs incurred for each product are as follows:

Manufacturing overhead totals $$1,584,000.$

a$.$ Calculate the profit $($loss$)$ in total and per unit for each product if overhead is assigned to product using a per$-$unit basis.

Note: Round your final answers to two decimal places $($i$.$e$.$ round $$4\mathrm{.}355$ to $$4\mathrm{.}36).$

b$.$ Calculate the profit $($loss$)$ in total and per unit for each product if overhead is assigned to products using a direct labor hour basis.

Note: Round your final answers to two decimal places $($i$.$e$.$ round $$4\mathrm{.}355$ to $$4\mathrm{.}36).$

tractor production uses $125,000$ machine hours. Calculate the profit $($loss$)$ in total and per unit for each product if overhead is assigned to products using these two over head bases.

Note: Round your final answers to two decimal places $($l$.$e$.$ round $$4\mathrm{.}355$ to $$4\mathrm{.}36).$