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 Quantity 790 8,460 80 Finishing Welding Inspecting Overhead Cost Driver $ 454,250 Number of batches 395,928 Machine hours 146,400 Number of setups $ 996,578 $333,670 Welding hours 286, 350 Number of inspections 58,000 Rework orders $ 678,020 $ 186,150 Purchase orders 32,000 Number of units 116,200 Number of units $ 334,350 6,100 830 200 Rework Support Purchasing Providing space Providing utilities 510 7,800 7,800 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 2,600 2,200 395 500 3, 150 40 140 340 Model 212 5,200 3,900 395 330 5,310 40 60 170 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 $115 for Model 212. 3. If the market price for Model 145 is $557.74 and the market price for Model 212 is $318.19, determine the profit or loss per unit for each model