Retum 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 $24 per DLH) Direct materials cost Product A 11,000 units 0.15 DH per unit $ 1.80 per unit Products 2,000 units 0.27 DLH per unit $ 2.50 per unit Activity Machine setup Materials handling Quality control inspections Overhead cost $ 73,240 53,000 81,810 $208,050 Required: Answer is not complete. 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. 0 Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A Product B 36 far. It does not indicate completi 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. 0 Overhead Assigned Activity Driver Plantwide OH rato Total Overhead Cost Units Produced OH Cost per unit Product A Product B Product A Product B 2. If the market price for Product A is $25.89 and the market price for Product B is $59, 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 casts to products, what is the cost per unit for Product A and for Product B? Product A Product B Number of setups required for production 12 setups 24 setups Number of parts required 6 part/unit 9 part/unit Inspection hours required 5B hours 245 hours Machine setup Drev 10 of 12 HH Next > Saved Help Save & E Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Returns setups 24 Number of setups required for production Number of parts required Inspection hours required 12 6 58 part/unit 9 setups part/unit hours 245 hours Machine setup 0 Materials handling 0 Quality control 0 Activity Driver Activity Rate Total Overhead Cast Overhead Assigned Product A Machine setup Materials handling Quality control $ 0 Product B Machine setup Materials handling Quality control D Check my work mode: This shows what is correct or Incorrect for the work you have completed so far. It does not indicate completion 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 Market price Product B