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 Components Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 770 8,410 80 Finishing Welding Inspecting Rework Overhead Cost $ 496,650 388,542 150,000 $1,035,192 $ 391,440 289,250 84,000 $ 764,690 $ 165,230 30,400 74,360 $ 269,990 Welding hours Number of inspections Rework orders 5,600 890 280 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 5,400 5,400 Additional production information concerning its two product lines follows. Model 145 1,800 1,800 min 385 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 212 3,600 3,800 385 370 5,360 40 120 178 m 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 $116 for Model 212. 3. If the market price for Model 145 is $779.57 and the market price for Model 212 is $426.87, determine the profit or loss per unit for each model. 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 $116 for Model 212. 3. If the market price for Model 145 is $779.57 and the market price for Model 212 is $426.87, 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.) My Model 145 Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned Activity Expected Activity Expected Costs Activity Rate 496,650 388,542 150,000 770 Number of batches 8,410 Machine hours 80 Setups Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities 391,440 289,250 84.000 5,600 Welding hours 890 Inspections 280 Rework orders 165,230 104,760 533 Purchase orders 5,400 Units Total overhead cost Total units produced Overhead cost per unit 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 $116 for Model 212. 3. If the market price for Model 145 is $779.57 and the market price for Model 212 is $426.87, 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 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 $116 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 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 $116 for Model 212. 3. If the market price for Model 145 is $779.57 and the market price for Model 212 is $426.87, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required i Required 2 Required 3 If the market price for Model 145 is $779.57 and the market price for Model 212 is $426.87, 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