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 850 8,390 200 Finishing Welding Inspecting Rework Overhead Cost $ 497,250 390,135 365,000 $1,252,385 $ 292,320 254,675 57,000 $ 603,995 183,580 31,300 83,300 $ 298,180 Welding hours Number of inspections Rework orders 4,800 835 200 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 548 6,000 6,000 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 2,000 1,200 425 515 3,050 100 110 365 Model 212 4,000 3,600 425 320 5, 340 100 90 183 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 $698.02 and the market price for Model 212 is $406.37, 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.) Model 145 Activity driver Overhead incurred assigned Expected Costs Expected Activity Activity Rate Activity d incurre S 497,250 850 Number of batches 8,390 Machine hours 390,135 365,000 200 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities S 292,320 254,675 57,000 4,800 Welding hours 835 Inspections 200 Rework orders $ 183,580 548 Purchase orders 114,600 6,000 Units Total overhead cost Total units produced Overhead cost per unit ers in the tabs below. ach product line. (Round your final answers to 2 decimal places.) Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned Expected Activity Activity Rate 850 Number of batches 8,390 Machine hours 200 Setups 4,800 Welding hours 835 Inspections 200 Rework orders 548 Purchase orders 6,000 Units Total overhead cost Total units produced Overhead cost per unit 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 $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