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04 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 Overhead Cost Driver Components Changeover Quantity $ 599,850 Number of batches 930 Machining 362,235 Machine hours 7.790 Setups 219.000 Number of setups 120 $1,181,085 Finishing Welding $ 405,000 Welding hours 6,000 Inspecting 275,625 Number of Inspections 875 Rework 70,00 Rework orders 240 $ 751,425 Support Purchasing $ 175,500 Purchase orders 540 Providing space 31,900 Number of units Providing utilities 42.980 Number of units 3,900 $ 250,380 3,900 Additional production information concerning its two product lines follows. Model 145 1300 2,400 465 units produced Welding hours batches Number of Inspections Machine hours Setups Restork orders Purchase orders 515 2,450 60 120 360 Hodel 212 2,600 3,600 465 360 5,340 60 70 180 Expected Activity Activity Rate Model 145 Activity driver verhead incurred ned Model 212 Activity driver Overhead incurred 2 930 Number of batches 7.790 Machine hours 120 Setups $ $ 5 645.00 per batch 46,50 per machine hour 1.825.00 per setup 6,000 Welding hours 875 Inspections 240 Rework orders $ $ $ 67.50 per welding hour 315.00 per Inspection 29500 per rework order 540 Purchase orders 3,900 Units $ $ 3 $ 0 325.00 per purchase order 19.20 per unit Total overhead cost Total units produced Overhead cost per unit $ Required 2 > 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 $200 for Model 145 and $122 for Model 212 3. If the market price for Model 145 is $1,000 30 and the market price for Model 212 5562.05. determine the profit or loss per unit for each model 02:37 R Complete this question by entering your answers in the tabs below. Required 1 Required Required 3 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are 5200 for Model 145 and $122 for Model 212. (Round your final anawers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit 3. If the market price for Model 145 is $1,000.30 and the market price for Model 212 is $56205, determine the profit or loss each model 13 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 $1,000.30 and the market price for Model 212 is $562.05, 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 929, 100 1. Calculate the equivalent units of production for the forming department 2. Calculate the costs per equivalent unit of production for the forming department 3. Using the weighted average method, assign costs to the forming department's output--specifically, its units transferred to painting and its ending work in process inventory Complete this question by entering your answers in the tabs below. Required 1 Reqliired 2 Required 3 Calculate the costs per equivalent unit of production for the forming department. (Round your answers to 2 decimal places) Direct Materials Conversion per EUP per EUP Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using the weighted average method, assign costs to the forming department's output-specifically, its units transferred to painting and its ending work in process inventory. EUP Cost per EUP Total cost Cost Assignment and Reconciliation Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs assigned EUP Cost per EUP $ 0.00 $ 000 Total cost 0.00 0.00