Exercise 17-7 Using the plantwide overhead rate to assess prices LO P1 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. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers to 2 decimal places.) Process Activity Components Changeover Quantity 830 7,650 160 Overhead Cost Driver 452,000 Number of batches Machining Setups 300,400 227,500 Machine hours Number of setups % 979,900 Finishing Welding 181,40 Wlding hours Inspecting Rework Number of inspections Rework orders 4,400 735 220 226,000 61,950 $ 469,350 136, 50e 31,550 60,600 228,650 533 6,000 6,000 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units