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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 Overhead Cost Driver Quantity Components Changeover $405,150 Number of batches 730 Machining 370,524 Machine hours 8,020 Setups 74.300 Number of setups 40 $850,474 Finishing elding $328,070 elding hours 5,300 Inspecting 327,850 Number of inspections 830 Rework 76.350 Rework orders 290 $732,770 Support Purchasing $144,150 Purchase orders 465 Providing space 30,300 Number of units 4,800 Providing utilities 59,460 Number of units 4,800 $233,910 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 20091 115 Nodal 212 1,500 3,200 1,200 4,100 355 355 470 350 2,750 5,270 20 20 170 120 310 155 Required: 1. Using ABC, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $210 for Model 145 and $118 for Model 212. 3. If the market price for Model 145 is $709.41 and the market price for Model 212 is $436.89, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 145 Activity Rate Activity driver Overhead Activity d Activity Expected Costs Expected Activity incurred assigned incurre Components Changeover $ 405, 150 730 Number of batches Machining 370,524 8,020 Machine hours Setups 74,800 40 Setups Finishing Welding 328,070 5,300 Welding hours Inspecting 327,850 830 Inspections Rework 76,850 290 Rework orders Support Purchasing $ 144, 150 465 Purchase orders Providing space and utilities 89,760 4,800 Units Total overhead cost $ 0 Total units produced Overhead cost per unitComplete 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 $210 for Model 145 and $118 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 unitComplete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If the market price for Model 145 is $709.41 and the market price for Model 212 is $436.89, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit
