3 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. 50 points Process Components Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 930 8,010 20 eBook Finishing Welding Inspecting Rework Overhead Cost $ 571,950 372,465 37,100 $ 981,515 $ 329,000 335,750 56,000 $ 720, 750 $ 168,300 31,800 48,000 $ 248, 100 Welding hours Number of inspections Rework orders 5,000 850 200 References Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 495 4,200 4,200 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 1,400 1,800 465 490 2,650 10 90 330 Model 212 2,800 3,200 465 360 5,360 10 110 165 Required: 1. Using ABC, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $220 for Model 145 and $112 for Model 212 3. If the market price for Model 145 is $866.06 and the market price for Model 212 is $486.23, 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 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned Expected Costs Activity Rate Expected Activity $ 571,950 372,465 37,100 930 Number of batches 8.010 Machine hours 20 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities $ 329,000 335,750 56,000 5,000 Welding hours 850 Inspections 200 Rework orders CA 168,300 79,800 495 Purchase orders 4,200 Units $ 0 Total overhead cost Total units produced Overhead cost per unit 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 $220 for Model 145 and $112 for Model 212. (Round your final answers to 2 decimal places.). Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit 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 $866.06 and the market price for Model 212 is $486.23, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit