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. (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.) Quantity Process Activity Components Changeover Machining 800 Overhead Cost Driver Number of $ 500,000 batches 279,000 Machine hours Number of 225,000 setups 6,000 Setups 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 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs o per machine hour Machine hours 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. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 $ 0 Model 212 $ 0 Model 145 Model 212 0 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. Model 145 Model 212 Market price