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Exercise 17-9 Using departmental overhead rates to assess prices LO P2 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. Process Activity Components Changeover Machining Setups Quantity 910 7,940 180 Finishing Welding Inspecting Rework Overhead Cost Driver $ 466,000 Number of batches 307,000 Machine hours 224,000 Number of setups $ 997,000 $ 192,000 Welding hours 225,000 Number of inspections 62,500 Rework orders $ 479,500 $ 135,000 Purchase orders 31,000 Number of units 71,000 Number of units $ 237,000 6,100 870 270 Support Purchasing Providing space Providing utilities 567 4,550 4,550 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,500 2,200 455 480 2,650 90 140 378 Model 212 3,050 3,900 455 390 5,290 90 130 189 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Show less Components department Finishing department 0 Support department 0 Model 145 Activity Driver Departmental OH Rate Total Overhead Cost 0 Components Finishing Support $ $ 0 0 3. If the market price for Model 145 is $1,925 and the market price for Model 212 is $270, determine the profit or loss per unit fo model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $230 for Model 145 and $150 for Model 212. (Round your intermediate calculations and cost per unit answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit es model Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If the market price for Model 145 is $1,925 and the market price for Model 212 is $270, determine the profit or loss per unit for each model. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and final answers to 2 decimal places.) Model 145 Model 212 Market price per unit Cost per unit Profit (loss) per unit ces