10 points Exercise 17-8 Using the plantwide overhead rate to assess prices LO P1 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 Overhead Coat Driver Quantity Componenta Changeover 3 454,000 Number of batches 810 Machining 301,400 Machine hours 7,550 Setups 225.500 Number of setup 120 book Finishing Welding Tepecting $ 180,00 224.000 61.350 $466,150 3:35,500 Welding hours Number of inpection Rework order 350 210 Providing space Providing its Purchase orders Number of units Number of white 513 5.000 6.000 5227.490 Additional production information concerning its two product lines follows Model 145 this produced Welding hours ber of inspections achie hou Setup vark orders Purchase orders 1.000 515 2,310 2,950 465 335 5.250 60 320 90 Seved Help Save & Exit Sub Check my work 5 Required: 10 points 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs 1674.549 $ 221.79 per machine hour Machine hours 7,550 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $280 for Model 145 and $150 for Model 212. Book OH Cost per unit Overhead Assigned Model 145 Model 212 Activity Driver Plantwide OH rate Total Overhead Cost Units Produced 2.300 s 221.79 510,1171 2.000 5.25015 221.79 5 1.164.300 4.000 Pent Model 145 Modal 212 References Total manufacturing cost per unit: Materials and Labor Overhead Total manufacturing cost 3. If the market price for Model 1451 1752 and the market price for Model 212 is $430, determine the profit or loss per unit for each model Model 145 Model 212 Mantero