Exercise 17-7 Using the plantwide overhead rate to assess prices LO P1 points Way Cool produces two different models of air conditioners. The company produces the mechanical systems in the 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. Los amounts should indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and O th e rs to dedim places.) e look Hint Process Components Activity Changeover Machining Setups oriver Number of batches Machine hours Number of setups References Finishing Welding Inspecting Rework Overhead Cost $452.5 300,600 227.000 $980, le 182,200 222.000 60,560 $454,700 $ 136,500 32,200 60.079 $ 228,770 Welding hours Number of inspections Rework orders 525 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 5 (1.ppt O XEW Ch 17 Homework Additional production information concerning its two product lines follows. 10 Doints Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,589 2,400 435 505 2,320 Model 212 3,080 3,189 435 325 5,350 eBook 120 350 175 Hint Print Required: References 1. Using a plantwide overhead rate based on machine hours, 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 that are $180 for Model 145 and $170 for Model 212. Homework SEASE Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $745 and the market price for Model 212 is $460, determine the profit or loss per unit for each model. Model 145 Model 212 Market price