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 710 7.570 60 Finishing Welding Inspecting Rework Overhead Cost Driver $ 455,500 Number of batches 301,200 Machine hours 226,500 Number of setups 5 983,200 $ 181,900 Welding hours 225,000 Number of inspections 61,100 Rework orders 5468,000 $ 137,000 Purchase orders 30,900 Number of units 60,340 Number of units $ 228,240 4.800 815 190 Support Purchasing Providing space Providing utilities 465 4,500 4,500 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 1,500 2,200 355 495 2,320 30 98 310 Model 212 3,000 2,600 355 320 5,25 30 108 155 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs $ 194.72 per machine hour 1.474.020 $ 7,570 Machine hours 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $270 for Model 145 and $190 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 $ 0 2,320 5,250 Model 212 $ 0 Model 145 Model 212 0 3. If the market price for Model 145 is $735 and the market price for Model 212 is $470, determine the profit or loss per unit for each model Model 145 Model 212 Market price