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 Overhead Cost Driver Quantity Components Changeover $ 452,500 Number of batches 910 Machining 300,400 Machine hours 7,640 Setups 226,000 Number of setups 120 $ 978,900 Finishing Welding $ 182,000 Welding hours 3,700 Inspecting 227,000 Number of inspections 770 Rework 61,200 Rework orders 280 $ 470,200 Support Purchasing $ 135,000 Purchase orders 540 Providing space 30,650 Number of units 4,800 Providing utilities 60, 110 Number of units 4,800 $ 225,760 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 1,600 1,000 455 470 2,340 60 160 360 Model 212 3,200 2,700 455 300 5,300 60 120 180 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 $290 for Model 145 and $150 for Model 212. Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Overhead Assigned Model 145 Model 212 $ 0 $ 0 Model 145 Model 212 0 3. If the market price for Model 145 is $748 and the market price for Model 212 is $450, determine the profit or loss per unit for each model. Model 145 Model 212 Market price