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Please answer according to the boxes provided above! Just answer is fine no explanantions needed Way Cool produces two different models of air conditioners. The

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedPlease answer according to the boxes provided above! Just answer is fine no explanantions needed

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 Driver Number of batches Machine hours Number of setups Quantity 800 6,000 120 Finishing Welding Inspecting Rework Overhead Cost $ 500,000 279,000 225,000 $1,004,000 $ 180, 300 210,000 75,000 $ 465,300 $ 135,000 32,000 65,000 232,000 Welding hours Number of inspections Rework orders 3,000 700 300 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 450 5,000 5,000 $ 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 1,500 800 400 400 1,800 60 160 300 Model 212 3,500 2,200 400 300 4,200 60 140 150 Required: 1. 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. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $250 for Model 145 and $180 for Model 212. 3. If the market price for Model 145 is $820 and the market price for Model 212 is $480, determine the profit or loss per unit for each model. Components department Overhead costs $ 122.88 per machine hour $ 999,000 8,130 X Machine hours $ 488,000 X $ 93.85 per welding hour Finishing department Overhead costs Welding hours Support department 5,200 X Overhead costs $ 243,000 $ 447.51 per direct material dollar Number of purchase orders 543 X Model 145 Activity Driver 2,850 Departmental OH Rate Total Overhead Cost $ 122.88 X $ 350,208 2,000 X $ 93.85 X $ Components Finishing Support Total Overhead Cost 362 X $ 447.51 X 187,700 161,999 699,907 $ Units Produced 1,500 466.60 X Overhead cost per unit $ Model 212 Total Overhead Cost Activity Departmental Driver OH Rate 5,280 X $ 122.88 3,200 $ 93.85 $ 648,806 $ 300,320 Components Finishing Support Total Overhead Cost 181 X $ 447.51 80,999 1,030,125 $ Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $250 for Model 145 and $180 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 If the market price for Model 145 is $820 and the market price for Model 212 is $480, 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

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