View History Bookmarks Window Help e ework Save: 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 (@ $28 per DLH) Direct materials cost Product A 12,500 units 0.17 DLH per unit $ 2.30 per unit Product B 1,200 units 0.24 DLH per unit $ 2.70 per unit Activity Machine setup Materials handling Quality control inspections Overhead costs $ 69,947 61,000 83,810 $ 214,757 Required: 1. Using direct labor hours as the basis for assigning overhead costs, determine the total production cost per unit for each product line. nces Overhead Assigned Activity Driver Plantwide OH rate 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 $27.31 and the market price for Product B is $57, 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 fonassigning overhead costs to products, what is the cost per unit for Product A and for Product B? Product A Product B 6 setups 32 setups Number of setups required for production 6 6 part/unit 9 Number of parts required part/unit 54 hours 235 Inspection hours required hours Machine setup Materials handling Quality control