ch 04 Ex 4-7 Exerclse 4.7 Uslng the plantwlde overhead rate to assess prices LO P1 Way Cool produces two different models of alr conditioners. The company produces the mechanical systems In thelr components department. The mechanlcal systems are comblned with the housing assembly In its finlshing department. The activities, costs, and drivers assoclated with these two manufacturing processes and the production support process follow. (Loss amounts should be Indicated with a minus sign. Round your intermediate calculations and round "Cost per unlt and OH rate" answers to 2 decimal 12 Overhead Cost Driver Quantity 930 ProcessActivity $ 459,880 386,688 226,580 $ 986,188 Number of batches Machine hourS Number of setups eBook 7,576 168 Setups Finishing Welding 181,488 Wlding hours 4, 380 Inspecting 233, Number of inspections 68,588 $ 474,980 Rework orderS 228 Purchasing Providing space Providing utilities $134,580 38,258 66,788 $ 225,538 Purchase orders Number of units Number of units 495 4,580 4,588 Additional production Information conceming Its two product lines follows. Model 145 Model 212 Units produced Welding hours Batches Number of inspections Machine hourS 1,500 1,608 465 495 2,320 3,808 2,788 465 5,258 Rework orderS Purchase orders 78 165 Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for eaclh 222.79 per machine hour Machine hours 7,570 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit $250 for Model 145 and $150 for Model 212 Total Overhead CostProduced Overhead Assigned Model 145 Model 212 rate 2320 5.250 1,500 3.000 Model 145 Model 212 s per unit for each model. Model 145 Model 212 Market price