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.) Process Activity Components Changeover Machining Setups Quantity 930 7,560 180 Finishing Welding Inspecting Rework Overhead cont Driver $ 455.500 Number of batches 300,200 Machine hours 222.500 Number of setups $ 983,200 $ 181,200 Welding hours 220.000 Number of inspections 61,300 Rework orders $ 462,500 $ 137,000 Purchase orders 30, 250 Number of units 60.680 Number of units 6227,930 3,400 800 260 Support Purchasing Providing space Providing utilities 563 5,400 5,400 Additional production Information concerning its two product lines follows. Units produced Welding hours Datches Number of inspections Machine hours Setupa Revork orders Purchase orders Model 145 1,800 1.400 465 495 2,310 90 Model 212 3,600 2.000 465 305 5,250 90 120 188 140 375 Required: 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line Required: 1 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line Overhead costs $ 1.673.630 $ 221.38 per machine hour Machine hours 7,560 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $270 for Model 145 and $190 for Model 212. Overhead Assigned Model 145 Model 212 Activity Driver Plantwide OH rate Total Overhead Cost 2,3101 $ 221 381 $ 511,388 5,250 $ 221.38 $ 1,162,245 Units Produced OH Cost per unit 1,800 s 284.10 3,600 $ 32285 Model 145 Model 212 Total manufacturing cost per unit: Materials and Labor Overhead Total manufacturing cost 284.10 322.85 3. If the market price for Model 145 is $751 and the market price for Model 212 is $450, determine the profit or loss per unit for each model. Model 145 Model 212 Market price