The following data are for the two products produced by Shakti Company. Direct materials Direct labor hours Machine hours Batches Volume Number of customers Market price Engineering modifications. Product A $24 per unit 0.5 DLH per unit 0.3 MH per unit 150 batches 14,000 units 15 modifications 700 customers $50 per unit Product B $33 per unit 1.6 DLH per unit 1.4 MH per unit 250 batches 3,000 units 50 modifications 500 customers $150 per unit The company's direct labor rate is $28 per direct labor hour (DLH). Additional information follows. Indirect manufacturing Costs Engineering support $ 26,000 Setup costs. Electricity Nonmanufacturing Customer service 67,200 119,200 Driver Engineering modifications Machine hours Batches 96,000 Number of customers Required: 1.1 Compute the manufacturing cost per unit using the plantwide overhead rate based on direct labor hours. 1.2 What is the gross profit per unit? 2.1 How much gross profit is generated by each customer of Product A and Product B using the plantwide overhead rate? 2.2 What is the cost of providing customer service to each customer? Is the gross profit adequate for each customer of Product A and B using the plantwide overhead rate? 3.1 Determine the manufacturing cost per unit of each product line using ABC. 3.2 What is the gross profit per unit? 4.1 How much gross profit is generated by each customer of Product A and Product B using ABC? 4.2 Is the gross profit adequate for each customer of Product A and B using ABC? 5. Which method of product costing gives better information to managers of this company? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 1.1 Compute the manufacturing cost per unit using the plantwide overhead rate based on direct labor hours. 1.2 What is the gross profit per unit? (Losses per unit and losses per customer should be indicated with a minus sign. Round your intermediate calculations and round OH rate and cost per unit answers to 2 decimal places.) 1.1 Compute the manufacturing cost per unit using the plantwide overhead rate based on direct labor hours. Activity Overhead Assigned Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Product A Product B 1.2 What is the gross profit per unit? Product A Product B Product A Product B Market price Gross profit per unit < Required 1 Required 2 > Show less