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 Quantity Process Components Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups 7,710 100 Finishing 5,100 welding Inspecting Rework Overhead Cost $ 419,650 355,431 181,000 $ 956,081 $ 312,630 272,000 40,850 $ 625,480 $ 165,825 31,700 95,950 293,475 Welding hours Number of inspections Rework orders 290 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 495 6.900 6,909 Additional production information concerning its two product lines follows Model 145 2,300 1.800 Model 212 4.600 3.300 385 385 Units produced Welding hours Betches Number of inspections Machine hours Setups Rework orders Purchase orders 470 2,450 5,260 330 165 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 $190 for Model 145 and $112 for Model 212 3. If the market price for Model 145 is $567.46 and the market price for Model 212 is $33170, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required: Required 2 Using ABC, compute the overhead cost per unit for each product line. Round your final answers to 2 decimal places.) Activity Expected Costs Activity Rate Overhead Activity driver Expected Activity Activity driver Overhead Activity Comore 5 Changeover chining Setups i Welding 410.650 355431 181.000 7 70 Number of batches 7.710 M in hours 100 Setups 312.030 272.000 40 350 5.100 Welding hours 800 inspections 100 Rework orders Spo Purang Providing scace and 105.825 127.850 495 Purchase orders 6.200 units Total units produced Overhead cost perunt Required 2 > 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 $190 for Model 145 and $112 for Model 212. (Round your final answers to 2 decimal places.) Model 145 Model 212 Aaterials and Labor per unit Overhead cost per unit Total cost per unit Required 1 Required 2 Required 3 If the market price for Model 145 is $567.46 and the market price for Model 212 is $331.70, 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
