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Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,257,300 12,600 DLH 6,600 MH Finishing $660,000 20,600 DLH 16,600 MH Required: 1. What is the company's single plantwide overhead rate based on direct labor hours? Estimated overhead costs osts ~ 1.817.300 * $ 54.74 per direct labor hour Estimated direct labor hours 2. What is the company's single plantwide overhead rate based on machine hours? Estimated overhead costs 1.817.300 $ 78.33 per machine hour Estimated machine hours Rafner Manufacturing identified the following budgeted data in its two production departments. Manufacturing overhead costs Direct labor hours Machine hours Assembly $1,120,800 11,100 DLH 5,100 MH Finishing $ 510,000 19,100 DLH 15,100 MH Required: What are the company's departmental overhead rates if the assembly department assigns overhead based on direct labor hours and the finishing department assigns overhead based on machine hours? 54.00 per direct labor hour 1.630 The departmental overhead rate for Assembly Estimated overhead costs 14630 800 $ Estimated direct labor hours 30,200 X The departmental overhead rate for Finishing Estimated overhead costs 1,630,800 20 $ $ Estimated machine hours 20,200 $ 80.73 per machine hour Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers to 2 decimal places.) Process Activity Components Changeover Machining Setups Quantity 770 7,580 100 Finishing Welding Inspecting Rework Overhead Cost Driver $ 454,000 Number of batches 300,800 Machine hours 228,500 Number of setups $ 983,300 $ 181,600 Welding hours 228,000 Number of inspections 60,200 Rework orders $ 469,800 $ 137,000 Purchase orders 30,850 Number of units 60,410 Number of units $ 228,260 4,300 815 210 Support Purchasing Providing space Providing utilities 495 5,700 5,700 Additional production information concerning its two product lines follows. Model 145 1,900 1,400 385 515 2,280 Model 212 3,800 2,900 385 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 300 5,300 50 100 165 110 330 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. per machine hour Overhead costs Machine hours 2,280 X 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $240 for Model 145 and $170 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit 0 Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $744 and the market price for Model 212 is $510, determine the profit or loss per unit for each model. Model 145 Model 212 Market price