ak Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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 $ 512,050 Number of batches 770 Machining 372,528 Machine hours 7.960 Setups 146,400 Number of setups 30 $1,030,978 Finishing Welding $ 387,500 Welding hours 6.200 Inspecting 350, 350 Number of inspection 910 Rework 57,500 Rework orders 250 $ 795,350 Support Purchasing $ 163,185 Purchase orders 473 Providing space 30,400 Number of units 1,700 Providing utilities 135.770 Number of unita 8.700 $329,355 ces Additional production information concerning its two product lines follows Units produced Welding hours matches Number of inspection Machine hours Setups Rework orders Purchase orders Model 145 2,900 2,200 385 500 2.650 40 170 315 Model 212 5,800 4.000 385 410 5,310 40 30 158 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 $200 for Model 145 and $120 for Model 212 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 2,900 2,200 385 500 2,650 40 170 Model 212 5,800 4.000 385 410 5,310 40 80 158 315 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 $200 for Model 145 and $120 for Model 212. 3. If the market price for Model 145 is $540.82 and the market price for Model 212 is $321.95, determine the profit or loss per unit for each model Complete this question by entering your answers in the tabs below. Check my work Required 1 Required 2 Required 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimals places.) Expected Activity Activity Rate Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred 770 Number of batches 7.960 Machine hours 30 Setups Activity Expected Costs Components Changeover $ 512.050 Machining 372.628 Setups 146,400 Finishing Wolding 5 387.500 Inspecting 350.350 Rework 57.500 Support Purchasing s 163.185 Providing space and utilities 165.170 6.200 Welding hours 910 Inspections 260 Rework orders 473 Purchase orders 8.700 Units $ 0 Total overhead not Total units produced Overhead cost per unit Required 2 > 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 and $120 for Model 212. 3. If the market price for Model 145 is $540.82 and the market price for Model 212 is $321.95, determine the profit or loss per unit each model. Complete this question by entering your answers in the tabs below. es 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 $200 for Model 145 and $120 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 omplete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 "If the market price for Model 145 is $540.82 and the market price for Model 212 is $321795, determine the profit or loss pe unit for each model. (Round your final answers to 2 decimal places.) Model 212 Price per unit Cost per unit Profit (loss) per unit