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. Quantity 800 Process Activity Components Changeover Machining Setups Overhead Cost Driver Number of $ 500,000 batches 279,000 Machine hours Number of 225,000 setups 6,000 120 $1,004,000 Finishing 3,000 Welding Inspecting $ 180,300 Welding hours Number of 210,000 inspections 75,000 Rework orders 700 Rework 300 $ 465,300 Support Purchasing Providing space Providing utilities $ 135,000 Purchase orders 32,000 Number of units 65,000 Number of units 450 5,000 5,000 $ 232,000 Additional production information concerning its two product lines follows. Model 145 1,500 800 400 Model 212 3,500 2,200 400 400 300 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 1,800 60 160 300 4,200 60 140 150 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 OH Rate Total Overhead Cost 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 $250 for Model 145 and $180 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 $820 and the market price for Model 212 is $480, 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