223 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. Process Activity p Components Changeover Machining Setups Overhead Cost $474,000 383,000 231,000 Deliver Quantity Number of batches Machine hours Number of setups 890 8,330 160 $1,000,000 Finishing Welding $ 190,000 Welding hours 5,500 Book Inspecting Bework 230,000 61,500 Number of Inspections 300 Rework orders 190 H P 10 10 $ 481,500 Support Purchasing Providing space Providing utilities 1 236,500 $139,000 35,500 62,000 Purchase orders 543 Number of units 4,900 Number of units 4,980 References Additional production information concerning its two product lines follows. Nodel 145 Model 212 Units produced 1,300 3,000 Welding hours 2,000 3,500 Batches 445 445 Number of Inspections 510 350 Machine hours 3,050 5,200 Setups 80 80 Revork orders Purchase orders 150 162 40 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $210 for Model 145 and $160 for Model 212. 3. If the market price for Model 145 is $1,025 and the market price for Model 212 is $290, determine the profit or loss per unit for each model Required 1 Required 2 Required 3 Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Components department Finishing department Support department Model 145 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Model 212 Activity Driver Components Finishing Support Departmental OH Rate Total Overhead Cost Show less A Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced 1,900 3,080 Welding hours 2,000 3,500 Batches 445 445 Number of inspections 510 390 Machine hours 3,050 5,280 Setups 80 Rework orders 150 40 Purchase orders 362 181 es Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $210 for Model 1 and $160 for Model 212. 3. If the market price for Model 145 is $1,025 and the market price for Model 212 is $290, determine the profit or loss per unit for model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $210 for Model 145 and $160 for Model 212. (Round your intermediate calculations and cost per unit answers to 2 decimal places.) Materials and Labor per unit Overhead cost per unit Total cost per unit Model 145 Model 212 < Required 1 Required 3 > ces Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced 1,900 3,000 Welding hours 2,000 3,500 Batches 445 445 Number of inspections 510 390 Machine hours 3,050 5,280 Setups 80 80 Rework orders Purchase orders 150 40 362 181 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $210 for Model 145 and $160 for Model 212. 3. If the market price for Model 145 is $1,025 and the market price for Model 212 is $290, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If the market price for Model 145 is $1,025 and the market price for Model 212 is $290, determine the profit or loss per unit for each model. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and final answers to 2 decimal places.) Market price per unit Cost per unit Profit (loss) per unit Model 145 Model 212 ces Exercise 17-9 Using departmental overhead rates to assess prices LO P2 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. Process Components Activity Changeover Machining Setups Overhead Cost $ 474,000 303,000 231,000 $1,008,000 $ 190,000 230,000 Driver Number of batches Quantity 890 8,330 160 Machine hours Number of setups Finishing Welding Welding hours 5,500 Inspecting Number of inspections 900 Rework 61,500 Rework orders 190 Support Purchasing $ Providing space Providing utilities $ 481,500 139,000 35,500 62,000 Purchase orders 543 Number of units Number of units 4,980 4,980 $ 236,500 Additional production information concerning its two product lines follows. Units produced Model 145 1,900 Model 212 3,080 Welding hours 2,000 3,500 Batches 445 4451 Number of inspections 510 390 Machine hours 3,050 5,280 Setups 80 80 Rework orders 150 40 Purchase orders 362 181 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $210 for Model 145 and $160 for Model 212. 3. If the market price for Model 145 is $1,025 and the market price for Model 212 is $290, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below