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 Driver Quantity Components Changeover $ 468,000 Number of batches 830 Machining 304,000 Machine hours 7,720 Setups 233,000 Number of setups 60 $1,605,000 Finishing Welding $ 190,000 Welding hours 5,600 Inspecting 234,000 Number of inspections 895 Rework 62.500 Rework orders 190 $ 486,500 Support Purchasing $ 141,000 Purchase orders 513 Providing space 36,500 Number of units 5,150 Providing utilities 63,000 Number of units 5,150 $ 240,500 Additional production information concerning its two product lines follows Model 145 2,100 2,000 Units produced Welding hours Botches Number of Inspections Model 212 3,050 3,600 415 Additional production information concering its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 2,100 2.ee 415 495 2,450 30 120 342 Model 212 3,050 3,600 415 400 5,270 30 78 171 Required: 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 $300 for Model 145 and S160 for Model 212 3. If the market price for Model 145 is S1.025 and the market price for Model 212 is $270, determine the profit or loss per unit for each model Complete this question by entering your answers in the tabs below. Components department 0 Finishing department O Support department 0 Model 145 Activity Driver Departmental OH Rate Total Overhead Cost 5 0 Components Finishing Support S Model 212 Activity Driver Departmental OH Rate Total Overhead Cost Components S 0 Support Required 1 for 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 $300 for Mode 145 and $160 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 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 $1,025 and the market price for Model 212 is $270, determine the profit or less for each model. (loss amounts should be indicated with a minus sign. Round your intermediate calculations and final to 2 dedmal places.) Model 145 Model 212 Market price per unit Cost per unit Profit (loss) per unit