Setups Number of setups 120 Finishing Welding Inspecting Rework 217,800 $1,022,000 $363,420 269,750 56 250 5689,420 $ 219, 225 31,500 78.900 $329,625 Welding hours thumber of inspections Recork orders 5,400 830 250 Support Purchasing Providing space Providing utilities Purchase orders Number of units umber of units 555 6,000 6,000 Additional production information concerning its two product lines follows. Model 212 4.000 Units produced Welding hours Batches umber of inspections Haching hours Setup Rework orders Purchase orders Model 145 2.000 1.600 395 40 2,650 10 TAD 370 393 350 5,300 00 110 105 Required: 1. Using ABC, compute the overhead cost per unit for each product linie, 2. Determine the total cost per unit for each product line of the direct labor and direct materials costs per unit are $260 for Model 145 and $113 for Model 212. 3. If the market price for Model 145 is $72.98 and the market price for Model 212 539193, determine the profit or loss per unit for each model 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 actiones.costs and drivers associated with these two manufacturing processes and the production support process follow Process Activity Overhead Cost Driver Components Changeover 5450.550 umber of batches Machining 373,650 Machine hours Setups 217 Number of su $1,022,00 Finishing Welding Welding hours Inspecting 269,50 umber of inspections work 5250 $6.670 Support Purchasing $ 219,225 Purchase orders 350 Providing space roit Providing utilities 20.20 $339,625 Additional production information concerning its two product lines follows Units produced Hodel 212 2. Welding hours 1.00 3. Butches Number of inspections Machine hours 2,656 Setups work orders 100 110 Purchase orders Required: 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 of the direct labor and direct materials costs per unit are $260 for Model 145 and $113 for Model 212. 3. If the market price for Model 145 is $722.98 and the market price for Model 212 is $391.93, 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) If the market price for Model 145 is $723.98 and the market price for Model 212 is $391.93, 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