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 830 7,840 60 Finishing Welding Inspecting Rework Overhead Cost $ 518,750 359,856 111,000 $ 989,606 $ 351,050 328,500 57,500 $ 737,050 $ 202,575 31,500 123,210 $ 357,285 Welding hours Number of inspections Rework orders 5,900 900 230 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 555 8,100 8,100 Additional production information concerning its two product lines follows. Model 145 2,700 2,200 Model 212 5,400 3,700 415 410 5,290 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 415 490 2,550 30 120 370 110 185 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 $250 for Model 145 and $117 for Model 212. 3. If the market price for Model 145 is $605.54 and the market price for Model 212 is $325.92, 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.) Activity Expected Activity Model 145 Activity driver Overhead incurred assigned Expected Costs ted Activity Model 212 Activity driver Overhead incurred assigned Activity Rate $ 518,750 359,856 111,000 830 Number of batches 7,840 Machine hours 60 Setups ho bralches Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities 351,050 328,500 57,500 5,900 Welding hours 900 Inspections 230 Rework orders 202.575 154,710 555 Purchase orders 8,100 Units Total overhead cost Total units produced Overhead cost per unit Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $250 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 If the market price for Model 145 is $605.54 and the market price for Model 212 is $325.92, 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 Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data pertain to a recent reporting period. Activities Costs Design department Client consultation Drawings Modeling Project management department Supervision Billings Collections 1,600 contact hours 2,400 design hours 41,000 square feet $272,000 138,000 24,600 1,200 days 5 jobs 5 jobs $288,000 9,700 3,550 Required: 1. & 2. Using ABC, compute the firm's activity overhead rates. Form activity cost pools where appropriate. Assign costs to a 8,200- square-foot job that requires 460 contact hours, 342 design hours, and 205 days to complete. (Round activity rate answers to 2 decimal places.) Activity Expected Costs Expected Activity Driver Activity Rate Activity Driver Incurred Overhead Assigned Client consultation Drawings Modeling Supervision Billings/Collection Total overhead cost Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs Hazardous waste disposal costs $5,630,000 605,000 Expected production Direct labor hours required Hazardous waste disposed Chairs 207,000 units 264,000 DLH 500 pounds Tables 8,000 units 15,800 DLH 900 pounds Required: 1. Determine the hazardous waste disposal cost per unit for chairs and for tables if costs are assigned using a single plantwide overhead rate based on direct labor hours. Product Activity Driver Units Produced OH Cost per unit Chairs Tables labor hour 0.00 0.00 Total Overhead Cost $ $ | $ 0 2. Determine hazardous waste disposal costs per unit for chairs and for tables if costs are assigned based on the number of pounds disposed of. Activity Driver Units Produced OH Cost per unit Product Chairs Tables OH $ per pound 0.00 0.00 Total Overhead Cost $ $