Exercise 04-11 Using ABC to assess prices LO P3 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 Coat Driver Componente Changeover Quantity $448.950 Number of batches 730 Machining 379,960 Machine hours 0,260 Setups 112.000 Number of setup 60 5941.710 Tinining Welding 3 286,000 Welding hours 4.000 Inspecting 2001,750 Number of Inspection 875 Rework 59.000 Rework orders 200 5633,00 Support Turchasing 5162.750 Purchase orders 465 Providing space 31,000 Number of unit 6.900 Providing utilities 92240 Number of units 6.900 3291,090 Additional production information concerning its two product lines follows. Model 145 Model 212 Un produced 2,100 4.500 Welding hours 1.400 3.400 matches 365 365 Number of inspections 515 360 Machine hours 2,950 5,310 sotope 30 30 mework ordere 140 50 Purchase order 310 155 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 $250 for Model 145 and $111 for Model 212 3. If the market price for Model 145 is $625 60 and the market price for Model 212 is $329.67, 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 Using ABC, compute the overhead cost per unit for each product line (Hound your finalanowers to 2 decimal places) Model tas Activ driver Overhead Model 212 Activity driver Overhead Intud Expected Coats Expected Activity Activitate 1 1 Activity Components Charger Machining Selu Finishing Welding 4.40 379.000 112000 730 Number of the 200 Machine 00 1 200.000 200750 58.000 4000 Welding 875 hection 200 work onder How Son Purchasing Providing and 5 250 340 Purchase order 000 U 1 Toto Odd 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 2,300 1,400 365 515 2,950 30 140 310 Model 212 4,600 3,400 365 360 5,310 30 60 155 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 of the direct labor and direct materials costs per unit are $250 for Model 145 and $111 for Model 212. 3. If the market price for Model 145 is $625 60 and the market price for Model 212 is $329,67, 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 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $250 for Model 145 and $111 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 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setup Rework orders Purchase orders Model 145 2.300 1,400 365 515 2,950 30 140 310 Model 212 4,600 3,400 365 360 5,310 30 60 155 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 of the direct labor and direct materials costs per unit are $250 for Model 145 and $111 for Model 212 3. If the market price for Model 145 is $625.60 and the market price for Model 212 is $329.67. 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 If the market price for Model 145 is $625.60 and the market price for Model 212 is $329.67, 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 (los) per unit