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 790 8,640 160 Finishing Welding Inspecting Rework Overhead Cost $ 541,150 400,896 292,800 $1,234,846 $ 221,450 261,000 57,400 $ 539,850 $ 182,400 30,500 102,670 $ 315,570 Welding hours Number of inspections Rework orders 4,300 870 280 $ Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 480 6,900 6,900 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 2,300 1,000 395 520 3,350 80 170 320 Model 212 4,600 3,300 395 350 5,290 80 110 160 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 $250 for Model 145 and $121 for Model 212. 3. If the market price for Model 145 is $677.09 and the market price for Model 212 is $362.67, determine the profit or loss per unit for each model. Activity Expected Costs Expected Activity Activity Rate Act $ Components Changeover Machining Setups Finishing Welding Inspecting 541,150 400,896 292,800 790 Number of batches 8,640 Machine hours 160 Setups $ 221,450 261,000 57,400 4,300 Welding hours 870 Inspections 280 Rework orders Rework If the market price for Model 145 is $677.09 and the market price for Model 212 is $362.67, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $250 for Model 145 and $121 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