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. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers to 2 decimal places.) Process Components Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 830 7,630 180 Finishing Welding Inspecting Rework Overhead Cost $ 457,000 300,200 226,000 $ 983,200 $ 182,600 230,000 61,750 $ 474,350 $ 136,500 31,350 60,790 $ 228,640 Welding hours Number of inspections Rework orders 3,400 800 170 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 480 6,000 6,000 Additional production information concerning its two product lines follows. Model 145 2,000 1,200 415 520 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 212 4,000 2,200 415 280 5,300 90 90 160 2,330 90 80 320 1. Using a plantwide overhead rate based on machine hours, 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 $220 for Model 145 and $130 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $734 and the market price for Model 212 is $490, determine the profit or loss per unit for each model. Model 145 Model 212 Market price