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 830 7,530 160 Finishing Welding Inspecting Rework Overhead Cost Driver $ 453,000 Number of batches 301,400 Machine hours 228,500 Number of setups $ 982,900 $ 181,800 Welding hours 233,000 Number of inspections 60,850 Rework orders $475,650 $ 134,500 Purchase orders 32,100 Number of units 60,780 Number of units 5227,380 4,900 775 190 Support Purchasing Providing space Providing utilities 510 5,100 5,100 Additional production Information concerning its two product lines follows. Model 145 Model 212 Units produced 1,700 "3,400 Welding hours 1.600 3,300 Batches 415 Number of inspections 510 265 Machine hours 2,280 5,250 Setups 89 80 Rework orders 128 70 Purchase orders 340 170 415 Required: 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs per machine hour Machine hours 7,530 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $220 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 Model 212 4,220 $ 0 8,720 $ 0 Model 145 Model 212 0 3. If the market price for Model 145 is $731 and the market price for Model 212 is $430, determine the profit or loss per unit for each model. Model 145 Model 212 Market price 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 Overhead Cost Driver Quantity Components Changeover $ 476,000 Number of batches 910 Machining 305,000 Machine hours 8,450 Setups 233,000 Number of setups 100 $1,014,000 Finishing Welding $ 186,000 Welding hours 4,500 Inspecting 233,000 Number of inspections 785 Rework 62,000 Rework orders 140 $ 481,800 Support Purchasing $ 141,000 Purchase orders 555 Providing space 34,000 Number of units 4,730 Providing utilities 68,000 Number of units 4,730 $ 243,000 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 1,700 1,200 455 455 3,150 50 80 370 Model 212 3,030 3,300 455 330 5,300 50 60 185 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line, Bose your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department Assign costs to the support department based on number of purchase orders 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit ore $250 for Model 145 and $130 for Model 212 White RAE JAAAAAAA 3. If the market price for Model 145 is $1,100 and the market price for Model 212 is $300, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Show less Components department 01 Finishing department 0 Support department Model 145 Activity Driver Departmental OH Rate Total Overhead Cost 0 Components Finishing Support $ $ 0 0 Support department 0 Model 145 Activity Driver Departmental OH Rato Total Overhead Cost $ 0 Components Finishing Support $ 0 0 Model 212 Activity Driver Departmental OH Rate Total Overhead Cost $ 0 Components Finishing Support $ 0 0 KU 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 $250 for Model 145 and $130 for Model 212. (Round your intermediate calculations and cost per unit answers to 2 decimal places.) Model 145 Model 212 Materials 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 $1,100 and the market price for Model 212 is $300, determine the profit or loss per unit for each model. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and final answers to 2 decimal places.) Model 145 Model 212 Market price per unit Cost per unit Profit (loss) per unit