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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 Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 730 8,510 80 Finishing Welding Inspecting Rework Overhead Cost $ 383, 250 403,374 149,200 $ 935,824 $ 435,840 299, 300 70,200 $ 805,340 $ 160,800 31,900 115,520 $ 308,220 Welding hours Number of inspections Rework orders 6,400 820 260 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 480 7,800 7,880 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 2,600 2,600 365 470 3,250 40 150 320 Model 212 5,200 3,800 365 350 5,260 40 110 160 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 $190 for Model 145 and $119 for Model 212. 3. If the market price for Model 145 is $562.05 and the market price for Model 212 is $327.86, 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 driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned Activity Expected Costs Expected Activity Activity Rate S 383,250 403,374 149,200 730 Number of batches 8,510 Machine hours 80 Setups Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities S 435.840 299,300 70,200 6,400 Welding hours 820 Inspections 260 Rework orders S 160.800 480 Purchase orders 7.800 Units 147.420 Total overhead cost Total units produced Overhead cost per unit Required 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 $190 for Model 145 and $119 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 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 $562.05 and the market price for Model 212 is $327.86, 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
