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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 910 7,890 140 Finishing Welding Inspecting Rework Overhead Cost $ 605,150 370,041 254,800 $1,229,991 $ 240,680 276,800 36,550 $ 554,030 $ 178,710 30,800 90, 160 $ 299,670 Welding hours Number of inspections Rework orders 4,400 865 170 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 518 6,300 6,300 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 2,100 1,400 455 495 2,550 70 120 345 Model 212 4,200 3,000 455 370 5,340 70 50 173 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 $200 for Model 145 and $113 for Model 212. 3. If the market price for Model 145 is $662.31 and the market price for Model 212 is $378.65, 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 $ 605,150 370,041 254,800 910 Number of batches 7,890 Machine hours 140 Setups Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities $ 240,680 276,800 36,550 4,400 Welding hours 865 Inspections 170 Rework orders $ 178,710 120,960 518 Purchase orders 6,300 Units Total overhead cost Total units produced Overhead cost per unit Required 1 Required 2 > complete this Intering your nswers in the tabs below. 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 $200 145 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 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 $662.31 and the market price for Model 212 is $378.65, determine the prof 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
