Exercise 17-11 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 Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 930 8,290 40 Finishing Welding Inspecting Rework Overhead Cost $ 674,250 387,972 72,400 $1,134,622 $ 257,250 288, 350 63,450 $ 609,050 $ 165,760 31,100 75,490 $ 272,350 Welding hours Number of inspections Rework orders 4,900 790 270 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 518 5,700 5,700 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 1,900 2,000 465 470 2,950 20 160 345 Model 212 3,800 2,900 465 320 5,340 20 110 173 Ronnirarli Required 1 Required 2 Required 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Expected Costs Expected Activity Activity Rate Model 145 Activity driver Overhead assigned incurred Activity d Incur $ 674,250 387,972 72,400 930 Number of batches 8,290 Machine hours 40 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasin Providing space and tilties $ 257 250 288,350 63,450 4,900 Welding hours 790 Inspections 270 Rework orders 4 $ 165,780 106,590 518 Purchase orders 5.700 Units Total overhead cost Total units produced Overhead cost perunt Required Required 2 > 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 $210 for Model 145 and $116 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 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 $721.99 and the market price for Model 212 is $391.28, 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 (055) per unit