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 870 7,570 200 Finishing Welding Inspecting Rework Overhead Cost Driver $ 457,000 Number of batches 300,400 Machine hours 228,500 Number of setups $ 985,900 $ 180,700 Welding hours 230,000 Number of inspections 61,700 Rework orders $ 472,400 $ 134,500 Purchase orders 30,100 Number of units 60,600 Number of units $ 225, 200 5,000 760 170 Support Purchasing Providing space Providing utilities 533 6,600 6,600 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 2,200 1,800 435 500 2,270 100 100 355 Model 212 4,400 3,200 435 260 5,300 100 70 178 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 $310 for Model 145 and $200 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 3. If the market price for Model 145 is $753 and the market price for Model 212 is $440, determine the profit or loss per unit for each model. Model 145 Model 212 Market price