Saved 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. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers to 2 decimal places.) Process Activity Components Changeover Machining Setups Quantity 790 7,550 180 Finishing Welding Inspecting Rework Overhead Cost Driver $ 458,000 Number of batches 300, 400 Machine hours 228,500 Number of setups $ 986,900 $ 182,300 Welding hours 230,000 Number of inspections 60,900 Rework orders $ 473,200 $ 134,500 Purchase orders 31,500 Number of units 60,350 Number of units $ 226,350 3,000 760 230 Support Purchasing Providing space Providing utilities 555 5,700 5,700 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 1,900 1,000 395 470 2,300 Model 212 3,800 2,000 395 290 5,250 90 150 370 185 n am 25 o C Requirea: Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs Machine hours o per machine hour 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $290 for Model 145 and $150 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit O Model 145 Model 212 $ 0 Model 145 Model 212 13. If the market price for Model 145 is $753 and the market price for Model 212 is $510, determine the profit or loss per unit for each model. Model 145 Model 212 Market price Immo OA? @ 9 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 910 7,690 40 Finishing Welding Inspecting Rework Overhead Cost $ 460,000 307,000 234,000 $1,001,000 $ 192,000 222,000 61,000 $ 475,000 $ 135,000 32,000 62.000 $ 229,000 Welding hours Number of inspections Rework orders 4,900 825 180 525 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 4,830 Additional production information concerning its two product lines follows. Model 145 1,800 1,800 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 212 3,030 3,100 455 350 5,340 2,350 350 175 Requireu: 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 $270 for Model 145 and $120 for Model 212. 3. If the market price for Model 145 is $1,025 and the market price for Model 212 is $250, 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 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. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Show less Components department Finishing department Support department Components department Finishing department Support department Model 145 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Activity Driver Departmental OH Rate Total Overhead Cost Model 212 Components Finishing Support Determine the total cost per unit for each product line if the direct labo 145 and $120 for Model 212. (Round your intermediate calculations and 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 $1,025 and the market price for Model 212 is $250, determine the prof. for each model. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations to 2 decimal places.) Model 145 Model 212 Market price per unit Cost per unit Profit (loss) per unit