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 Driver Number of batches Machine hours Number of setups Quantity 790 7,650 180 Finishing Welding Inspecting Rework Overhead Cost $ 454,250 355, 725 337,500 $1,147, 475 271,050 328, 125 45,900 645,075 202, 760 30,500 96,220 $ 329,480 Welding hours Number of inspections Rework orders 3,900 875 180 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 548 6,600 6, 600 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 2,200 800 395 485 2,350 90 110 365 Model 212 4,400 3,100 395 390 5,300 90 70 183 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 $260 for Model 145 and $114 for Model 212. 3. If the market price for Model 145 is $691.45 and the market price for Model 212 is $381.16, 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 Expected Costs Expected Activity Activity Rate 454,250 355,725 337,500 790 Number of batches 7,650 Machine hours 180 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities 271,050 328,125 45,900 3,900 Welding hours 875 Inspections 180 Rework orders 202,760 126,720 5 46 Purchase orders 6,600 Units $ 0 Total overhead cost Total units produced Overhead cost per unit Rocuired Required 2 > 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 $260 for Model 145 and $114 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 $691.45 and the market price for Model 212 is $381.16, 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