Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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 Overhead Cost $ 476,000 Driver Quantity Number of batches 750 303,000 Machine hours 7,980 234,000 Number of setups 40 $1,013,000 Finishing Welding $ 188,000 Welding hours 6,500 Inspecting Rework 234,000 60,500 Number of inspections 885 Rework orders 220 $ 482,500 Support Purchasing Providing space Providing utilities $ 135,000 Purchase orders 537 37,000 70,000 Number of units 4,830 Number of units 4,830 $ 242,000 Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced 1.800 3,030 Welding hours 2,400 4,100 Batches 375 375 Number of inspections 515 370 Machine hours 2,650 5,330 Setups 20 20 Rework orders 170 50 Purchase orders 358 179 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.(Round your intermediate calculations and per unit cost answers to 2 decimal places.) Components department Finishing department Support department Model 145 Activity Driver Departmental Total Overhead Cost OH Rate Components Finishing Support Model 212 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $290 for Model 145 and $140 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 per unit Total cost per unit 3. If the market price for Model 145 is $2,150 and the market price for Model 212 is $260, 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.) Market price per unit Cost per unit Profit (loss) per unit Model 145 Model 212