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Exercise 04-11 Using ABC to assess prices LO P3 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 Overhead cost belver Quantity Componente Changeover $ 463,550 Number of batches 730 Machining 363,757 Machine hour 7.690 Setups 149.600 Number of setups 80 $976,687 Finishing Welding $ 304,200 Welding hours 4.500 Trapecting 249,550 Number of inspections SOS Rework 45,900 Rework ordere 170 6599.650 Support Purchasing $ 178,555 Purchase orders 533 Providing space 30,700 Number of units 3,600 Providing utilities 37.700 Number of units 3,600 $ 246,955 Additional production Information concerning its two product lines follows. Units produced Melding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,200 1,000 365 475 2.350 40 100 355 Model 212 2.400 3,500 365 330 5,340 40 70 178 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 $240 for Model 145 and $117 for Model 212. 3. If the market price for Model 145 is $908.30 and the market price for Model 212 is $543.33, determine the profit or loss per unit for each model. Required: 1. Using ADC, compute the overhead cost per unit for each product line 2. Determine the total cost per unit for each product in the direct labor and direct materials costs per unit are $240 for Model 145 and $117 for Model 212 3. the market price for Model 45 is $908.30 and the market price for Model 212 is $543.33, 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 Reed Using ABC, compute the overhead cont per un for each product line. (Round your finalmers to decimal places) Model 145 Activity driver Overhead Expected Cours Expected Activity Activity Rate Model 11 Overhead incurred $ Components Charger Machining Setups 46350 363.737 149.000 730 Number of batches 7.690 Machine hours 80 Setups $ 104200 Welding inspecting 249 50 45.00 4500 Welding hours 805 pons 170 Rework onder Support Purchasing Providing space and s 178.68 33 Purchase orders 3600 Units 64.400 Total overhead cost Total units produced Overhead coat per Required 2 > Complete this question by entering your answers 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 $240 for Model 145 and $117 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 $908.30 and the market price for Model 212 is $543.33, 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