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 Overhead Cost Quantity 770 7,650 160 Driver Machining Setups 456,000 Number of batches 301,400 Machine hours 227,000 Number of setups 984,400 FinishingWelding Inspecting Rework 180,700 Welding hours 225,000 Number of inspections 4,500 815 200 62,000 Rework orders 467,700 SupportPurchasing Providing space Providing utilities 134,000 Purchase orders 31,200 Number of units 60,370 Number of units 540 6,000 6,000 225,570