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 730 8,020 100 Finishing Welding Inspecting Rework Overhead Cost $ 463,550 368,920 190,000 $1,022,470 $ 300, 390 254,400 56, 100 $ 610,390 $ 198,00 31,700 B2, 100 $ 310,800 Welding hours Number of inspections Rework orders 5,700 795 220 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 495 6.ee 6,000 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 2.000 2,200 365 475 2,750 50 140 330 Model 212 4,000 3,500 365 320 5,270 50 80 165 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 $250 for Model 145 and $119 for Model 212 3. If the market price for Model 145 is $713.88 and the market price for Model 212 is $373.74, determine the profit or loss per unit for each model Shows what is correct or incorrect for the work you have completed so far. It does not indicate USUG ADC, Cule che overned COSL per Machi Ocenu you mwen tot aces.) Activity Expected Costa Expected Activity Activity Rate Model Activity driver incurred Components Changeover S 463,550 730 635,00 per batch 365 $ $ 368,920 190 000 Number of batches Machine hours Setups 8,020 100 46.00 per machine hour 1.900.00 per setup 2.750 50 s O Machining Setups Finishing Welding Inspecting Rework Support s 5700 300,390 254,400 56,100 Welding hours Inspections 2,200 475 s 52.70 32000 255.00 795 220 per welding hour per inspection per rework order 140 Rework orders $ 330 $ IS 495 198.000 Purchase orders Units Purchasing Providing space and utilities 2000 6,000 IS 112800 40000 per purchase order 18.80 per unit Total overhead cost Total units produced Overhead cost per unit Required 2 > rity Activity Rate Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned of 635.00 per batch 365 365 e hours $ 46.00 1,900.00 per machine hour per setup 2,750 50 $ $ 231,775 242,420 95000 5270 50 95,000 $ 115 940 3.500 9 hours ctions 52.70 320.00 per welding hour per inspection per rework order 2,200 475 $ 320 152,000 35,700 184,450 102.400 20,400 k orders $ 255.00 140 80 $ 165 330 ase 5 400.00 132,000 4,000 2,000 18.80 per purchase order per unit Total overhead cost Total units produced Overhead cost per unit 85.000 75 200 $ 1.017 645 4.000 37,600 568 240 2,000 is Required Required 2 > Complete this question by entering your answers in the tabs below. 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 $250 for Model 145 and $119 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If the market price for Model 145 is $713.88 and the market price for Model 212 is $373.74, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 IS 713 88 Model 212 $ 373.74 Price per unit Cost per unit Profit (loss) per unit