Exercise 17-8 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 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. (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 Components Activity Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space Providing utilities Overhead cost $ 451,000 Driver Number of batches 302,000 Machine hours 226,500 Number of setups Quantity 890 7,720 200 $.979,500 $183,000 Welding hours 4,200 224,000 Number of inspections 870 61,700 Rework orders 210 $ 468,700 $136,000 31,200 60,360 $227,560 Purchase orders Number of units. Number of units 555 4,200 4,200 Additional production information concerning its two product lines follows Model 145 Model 212 units produced Welding hours 1,400 1,400 2,000 2,000 Batches 445 445 Number of inspections 520 350 Machine hours 2,270 5,450 Setups 100 100 Rework orders 90 120 Purchase orders 370 185