Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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 Driver Quantity Components Changeover $ 466,000 Number of batches 910 Machining 305,000 Machine hours 8,070 Setups 227.000 Number of setups 20 $998,000 Finishing Welding $ 182,000 Welding hours 6,500 Inspecting 228,000 Number of inspections 885 Rework 61,000 Rework orders 230 $ 471,000 Support Purchasing $ 143,000 Purchase orders 543 Providing space 31,500 Number of units 4,810 Providing utilities 61,000 Number of units 4,810 $ 235,500 Additional production Information concerning its two product lines follows. Units produced Welding hours Batched Number of inspections Machine hours Setupa Rework orders Purchase orders Model 145 1,700 2.400 455 505 2,750 10 120 362 Model 212 3,110 4,100 455 380 5,320 10 110 181 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line, Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. 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 $180 for Model 212. 3. If the market price for Model 145 is $1,550 and the market price for Model 212 is $320, 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 departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Show less Components department Finishing department 0 Isning ueparen 0 Support department 0 Model 145 Activity Driver Departmental OH Rate Total Overhead Cost $ 0 Components Finishing Support $ 0 0 0 Model 212 Activity Driver Departmental OH Rate Total Overhead Cost $ 0 Components Finishing Support $ $ 0 0 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 $200 for Model 145 and $180 for Model 212. (Round your intermediate calculations and cost per unit answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit Required 1 Required 2 Required 3 If the market price for Model 145 is $1,550 and the market price for Model 212 is $326, determine the profit or loss per unit for each model. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and final answers to 2 decimal places.) Model 145 Model 212 Market price por unit Cost per unit Profit (loss) per unit