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 Activity Components Changeover Machining Setups Quantity 790 7,790 180 4,600 Finishing Welding Inspecting Rework Overhead Cost Driver $ 457,500 Number of batches 300,800 Machine hours 226,500 Number of setups $984,800 $ 181,900 Welding hours 221,000 Number of inspections 60,400 Rework orders $ 463,300 $ 135,500 Purchase orders 30,900 Number of units 60,030 Number of units $ 226,430 715 140 Support Purchasing Providing space Providing utilities 525 4,500 4,500 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 1,500 1.600 395 460 2,340 90 90 350 Model 212 3,000 3,000 395 255 5,450 90 50 175 Required: 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 of the direct labor and direct materials conts per unit are $220 tor Model 145 and 5200 for Model 212. Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Overhead Assigned Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 ls 5733 and the market price for Model 212 is $470, determine the profit or loss por unit for each model Model 145 Model 212 Market price