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 Components Activity Changeover Machining Setups Finishing Welding Inspecting Support Rework Purchasing Providing space Providing utilities Overhead Cost Driver $ 466,000 309,000 230,000 $1,005,000 $ 188,000 229,000 Number of batches Machine hours Number of setups Quantity 870 8,000 200 Welding hours 4,100 Number of inspections 810 65,000 Rework orders 200 $ 482,000 $ 135,000 35,000 64,000 Purchase orders Number of units 561 4,530 Number of units 4,530 $ 234,000 Additional production Information concerning its two product lines follows. Model 145 Model 212 Units produced 1,500 3,030 Welding hours 1,000 3,100 Batches 435 Number of inspections 470 435 340 Machine hours 2,650 5,350 Setups 100 100 Rework orders Purchase orders 130 70 374 187 Required: 1. 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. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $200 for Model 145 and $180 for Model 212 3. If the market price for Model 145 is $1,475 and the market price for Model 212 is $320, 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 the total cost per unit for each product line if the direct labor and direct materials costs per unit are $200 for Model 145 and $180 for Model 212. (Round your intermediate calculations and cost per unit answers to 2 decimal places.) Materials and Labor per unit Overhead cost per unit Total cost per unit Model 145 Model 212 < Required 1 Required 3 >