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 Quantity 930 8,200 120 Finishing Welding Inspecting Rework Overhead Cost Driver $ 655,650 Number of batches 377,200 Machine hours 226,800 Number of setups $1,259, 650 $ 288,150 Welding hours 275,625 Number of inspections 53,100 Rework orders $ 616,875 $ 205,200 Purchase orders 31,000 Number of units 124,400 Number of units $ 360,600 5,100 875 180 Support Purchasing Providing space Providing utilities 570 8,400 8,400 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 2,800 2,000 465 485 2,850 60 120 380 Model 212 5,600 3,100 465 390 5,350 60 60 190 nu Required: 1. Using ABC, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $210 for Model 145 and $122 for Model 212. 3. If the market price for Model 145 is $589.98 and the market price for Model 212 is $332.28, 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 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned Activity Expected Costs Expected Activity Activity Rate $ Components Changeover Machining Setups 655,850 377,200 220,800 930 Number of batches 8,200 Machine hours 120 Setups $ Finishing Welding Inspecting Rework 288, 150 275,625 53,100 5,100 Welding hours 875 Inspections 180 Rework orders Support Purchasing Providing space and utilities $ 205,200 155,400 570 Purchase orders ,400 Units 8 Total overhead cost Total units produced Toverhead cost per unit Requirea! 1. Using ABC, compute the overhead cost per unit for each product line. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $210 for Model 145 and $122 for Model 212 3. If the market price for Model 145 is $589.98 and the market price for Model 212 is $332.28, 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 $210 for Model 145 and $122 for Model 212. (Round your final answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If the market price for Model 145 is $589.98 and the market price for Model 212 is $332.28, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit