Exercise 17-9 Using ABC to assess prices LO P3 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 Activity Overhead Cost Driver Quantity Process Components Changeover $ 446,250 359,530 301,600 $1,107,380 $ 216,600 329,825 59,400 605,825 $ 139,690 31,100 25,600 $ 196,390 Number of batches Machine hours Number of setups 750 7,850 160 Machining Setups 3,800 835 220 Finishing Welding Welding hours Number of inspections Rework orders Inspecting Rework Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 458 3,000 3,000 Support Additional production information concerning its two product lines follows Model 145 Model 212 1 , 000 800 375 485 2,550 80 150 305 2,000 3,000 375 350 5,300 80 70 153 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimals places.) Model 145 Model 212 Activity driver incurred Activity driver incurred Overhead assigned Expected Costs Overhead assigned Activity Expected Activity Activity Rate Components 750 umber of $ 446,250 Changeover Machining Setups batches 359,530 7,850 Machine hours 301,600 160 Setups Finishing Welding Inspecting Rework $ 216,6003,800 Welding hours 329,825 835 Inspections 59,400 220 Rework orders Support $139,690 Purchasing Providing space and 458 Purchase orders 56,700 3,000 Units utilities Total overhead cost Total units produced Overhead cost per unit 0 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $260 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 Required 1 Required 2Required 3 If the market price for Model 145 is $1,140.91 and the market price for Model 212 is $630.95, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 212 Model 145 Price per unit Cost per unit Profit (loss) per unit