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 Finishing Welding Overhead Cost Driver $466,000 389,000 Machine hours Quantity 878 8,000 288 Number of batches 230,000 Number of setups $1,895,000 $ 188,000 Welding hours 4,188 Inspecting 229,000 Number of inspections 810 Rework 65,000 Rework orders 288 $ 482,088 Support Purchasing Providing space 135,000 Purchase orders 561 35,000 Number of units 4,530 Providing utilities 64,088 Number of units 4,530 234,000 Additional production Information concerning its two product lines follows. Model 145 Model 212 Units produced 1,580 3,030 welding hours 1,000 3,180 Batches 435 435 Number of inspections 478 348 Machine hours 2,650 5,350 Setups 180 180 Rework orders 130 78 Purchase orders 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 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.) Components department Finishing department Support department Model 146 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Model 212 Components Finishing Support Activity Driver Departmental OH Rate Total Overhead Cost Show less