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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.) Required: 2. If the market price for Product A is $24.88 and the market price for Product B is $59, determine the profit or loss per unit for each product. \begin{tabular}{|l|l|l|l|} \hline Market price & Product A & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} 3. Consider the following additional information about these two product lines. If ABC is used for assigning overhead costs to products, what is the cost per unit for Product A and for Product B? \begin{tabular}{|l|c|l|l|l|} \hline & \multicolumn{2}{|c|}{ Product A} & \multicolumn{2}{|c|}{ Product B } \\ \hline Number of setups required for production & 6 & setups & \multicolumn{2}{|c|}{34} \\ \hline Number of parts required & 14 & part/unit & setups \\ \hline Inspection hours required & 54 & hours & & part/unit \\ \hline & & & \\ \hline \end{tabular} Machine setup \begin{tabular}{|l|l|} \hline & \\ \hline \end{tabular} Materials handling Quality control 4. Determine the profit or loss per unit for each product assuming ABC costing. 4.2 Based on your results in part 4 , should the profit or loss per unit for each product influence company strategy? No Yes

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