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 7,820 80 Finishing Welding Inspecting Rework Overhead Cost $ 577,850 359, 720 150,400 $1,087,970 $ 277,770 243,000 37,800 $ 558,570 $ 210,535 30, 600 66,300 $ 307,435 Welding hours Number of inspections Rework orders 4,700 810 180 Support Purchasing Providing space Providing utilities Purchase orders Number of unita Number of units 533 5, 100 5,100 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setup Rework order Purchase orders Model 145 1,700 1,600 455 490 2,550 40 90 355 Model 212 3.400 3,100 455 320 5,270 40 90 178 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 if the direct labor and direct materials costs per unit are $200 for Model 145 and $116 for Model 212. 3. If the market price for Model 145 is $738.39 and the market price for Model 212 is $422.06, determine the profit or loss per unit for each model Required 1 Required 2 Required Using ABC, compute the overhead cost per unit for each product line. (Round your finalaswers to 2 decimal places) Expected Costs Expected Acovity Model T45 Activity driver Overtad incurred assigned Activity Rate Model 212 Activity diver Overhead incurred assigned $ 577.850 350720 910 Number of batches 7.820 Machine hours 80 Sels Components Changover Machining Setups Fishing Welding Inspecting Rework Support Purchasing Providing space and tilties $ 277.770 243.000 37.500 4,700 Welding hours 810 gections 180 Rework onders $ 210,536 6.500 533 Purchase orders 5.100U $ 5 Toll overhead cost Total produced Overhead color Required 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 $116 for Model 212. (Round your final answers to 2 decimal places.) Model 212 Materials and Labor por unit Model 145 Overhead cost per unit Total cost per unit Required 1 Required 2 Requied 3 If the market price for Model 145 is $738.39 and the market price for Model 212 is $422.06, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 212 Price por unit Cost per unit Profit (loss) per unit Model 145