PLEASE ANSWER THE QUESTION I WILL RATE!!
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 $ 500, 550 Number of batches 710 Machining 406,392 Machine hours 8,610 Setups ata eee Number of setups 100 $1,086,942 Finishing welding $ 122,77e Welding hours 5,300 Inspecting 315,000 Number of inspections 900 Rework 45 eee Rework orders 200 $662,770 Support Purchasing $ 159,100 Purchase orders Providing space 31,600 Number of units 3,600 Providing utilities 36, 320 Number of units 3,600 $ 225, 420 5 Additional production Information concerning its two product lines follows. Model 145 Units produced Model 212 1,200 2,400 welding hours 4,100 Batches 355 255 Number of inspections see 400 Machine hours 5,260 Setups 50 Se Rework orders 140 GE Purchase orders 310 155 3,95e 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 arrect materials costs per unit are $220 for Model 145 and $113 for Model 212. 3. If the market price for Model 145 is $975.49 and the market price for Model 212 is $56727. determine the profit or loss per unit for each model Complete this question by entering your answers in the tabs below. Required: Required 2 Required Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Required: Required 2 Required Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Expected Costs Model 145 Activity driver Overhead incurred assigned Activity Rate Model 212 Activity driver Overhead incurred assigned Expected Activity $ 500.550 406.392 180.000 710 Number of batches 8.610 Machine hours 100 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and tries 5 322.770 315.000 45.000 5,300 Welding hours 900 Inspections 200 Rework orders $ 158.100 67 320 465 Purchase orders 3.600 Units 5 0 5 Total overhead cost Total units produced Overhead cost per il Required 2 > 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 $220 for Model 145 and $113 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 2 Required 3 If the market price for Model 145 is $975.49 and the market price for Model 212 is $567.27, 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 (los) per unit
