1 Way Cool produces two different models of air conditioners. The company produces the mechanical systems in its 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.) 25 bolnts Process Activity Components Changeover Machining Driver Number of batches Machine hours Number of setups Quantity 730 7,530 160 eBook Setups Finishing References Welding Inspecting Rework Overhead Cost $ 457,500 300,800 229,000 $ 987,300 $ 180,900 229,000 60,750 $ 470,650 $ 138,000 31,650 60,860 $ 230,510 Welding hours Number of inspections Rework orders 5,400 825 180 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 518 6,000 6,000 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 2,000 2,400 365 500 2,280 80 140 345 Model 212 4,000 3,000 365 325 5,250 80 40 173 Required: 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs $ 987,300 $ 131.12 per machine hour Machine hours 7,530 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $290 for Model 145 and $110 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit $ 0 Model 145 Model 212 $ 0 Model 145 Model 212 0 3. If the market price for Model 145 is $747 and the market price for Model 212 is $500, determine the profit or loss per unit for each model. Model 145 Model 212 Market price