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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 Components Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 778 8,010 40 Finishing Welding Inspecting Rework Overhead Cost $ 473,550 374,067 75,eee $ 922,617 $ 279, 180 313,950 53.550 $ 646,689 $ 163,475 31,500 118.26 $ 313, 235 Welding hours Number of inspections Rework orders 5,400 805 210 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 503 7,800 7,800 Additional production information concering its two product lines follows Model 145 2,600 2,600 Model 212 5,200 3,000 385 330 5,360 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 385 475 2.650 20 90 Additional production information concerning its two product lines follows. Model 145 2,600 2.400 Model 212 5,209 3.000 385 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 475 2.650 20 5,360 Se 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 $250 for Model 145 and $112 for Model 212 3. If the market price for Model 145 is $592 56 and the market price for Model 212 is $303.39, 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.) Activity Expected Costs Expected Activity Activity Rate Model 145 Activity driver Overhea incurred as one 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.) ctivity Expected Costs -Expected Activity Activity Rate 473,550 374,067 75,000 770 Number of batches 8,010 Machine hours 40 Setups omponents Changeover Machining Setups nishing Welding Inspecting Rework upport Purchasing Providing space and utilities 279,180 313,950 5,400 Welding hours 805 Inspections 210 Rework orders 53,550 163,475 149,760 503 Purchase orders 7,800 Units Total overhead cost Total units produced Overhead cost per unit e. (Round your final answers to 2 decimal places.) Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned ed Activity Activity Rate umber of batches Machine hours Setups Welding hours Inspections Rework orders Purchase orders Units Total overhead cost Total units produced Overhead cost per unit 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 $250 for Model 145 and $112 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 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 $250 and $112 for Model 212 3. If the market price for Model 145 is $592.56 and the market price for Model 212 is $303.39, determine the profit or each model Complete this question by entering your answers in the tabs below. Required 1 Required 2 Rlquired 3 If the market price for Model 145 is $592.56 and the market price for Model 212 is $303.39, 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