93e 1ee 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 Quantity Components Changeover $ 454,eee Number of batches Machining 310,eee Machine hours 7,780 Setups 225,000 Number of setups $ 999,eee Finishing Welding $ 188,eee Welding hours 4.ee Inspecting 226,eee Number of inspections Rework 62,800 Rework orders $ 476,000 Support Purchasing $ 141, eee Purchase orders 549 Providing space 37,500 Number of units 5, 220 Providing utilities 67,800 Number of units 5, 220 $ 245,500 280 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 2,200 1.ee 465 510 2,450 se 160 366 Model 212 3,020 3,180 465 390 5,330 Se 12e 183 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 of the direct labor and direct materials costs per unit are $200 for Model 145 and $120 for Model 212. 3. If the market price for Model 145 is $1,850 and the market price for Model 212 is $320. determine the profit or loss per unit for each model