2 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.) 3 points Process Activity Components Changeover Machining Setups Quantity 710 7,590 140 eBook CO Hint Finishing Welding Inspecting Rework Overhead Cost Driver $ 455,000 Number of batches 301,800 Machine hours 226,500 Number of setups $ 983,300 $ 182,000 Welding hours 232,000 Number of inspections 60,900 Rework orders $ 474,900 $ 135,000 Purchase orders 30,800 Number of units 60, 710 Number of units $ 226,510 5,200 755 230 Support Print Purchasing Providing space Providing utilities 518 5,100 5,100 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 1,700 1,800 355 490 2,290 70 120 345 Model 212 3,400 3,400 355 265 5,300 70 110 173 Required: 3 points 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs $ 221.96 per machine hour 1.684,710 $ 7,590 eBook Machine hours 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 $170 for Model 212. COD Hint Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Print Model 145 2,290 0 Model 212 5,300 $ 0 Model 145 Model 212 0 3. If the market price for Model 145 is $759 and the market price for Model 212 is $430, determine the profit or loss per unit for each model. Model 145 Model 212 Market price