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 Activity Components Changeover Machining Quantity 730 7,630 Overhead Cost Driver Process 478,150 347,928 221,400 Number of batches Machine hours Number of setups 120 Setups $1,047,478 Welding Finishing 414,800 270,400 49,300 Welding hours 6,100 Number of inspections Inspecting Rework 845 Rework orders 170 734,500 193,655 30,300 Purchase orders Number of units Purchasing Providing space Providing utilities 503 Support 7,800 7,800 121,020 Number of units 344,975 Additional production information concerning its two product lines follows. Model 145 2,600 2,000 Model 212 Units produced Welding houars Batches 5,200 4,100 365 365 umber of inspections Machine hours 485 360 2,350 5,280 60 60 Setups Rework orders Purchase orders 130 40 335 168 Required: 1. Using ABC, compute the overhead cost per unit for each product line 2. Determine the total cost per unit for eacth product line if the direct labor and direct materials costs per unit are $180 for Model 145 and $118 for Model 212 3. If the market price for Model 145 is $551.88 and the market price for Model 212 is $341.74, 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 Model 212 Activity driver incurred Overhead Overhead assigned Activity driver incurred Expected Costs Activity Expected Activity Activity Rate assigned Components 730 Number of batches 7,630 Machine hours 120 Setups Changeover $ 478,150 347,928 Machining Setups 221,400 Finishing 6,100 Welding hours 845 Inspections 170 Rework orders Welding $ 414,800 Inspecting 270,400 Rework 49,300 Support 193,655 503 Purchase orders Purchasing $ 7,800 Units Providing space and utlities 151,320 Total overhead cost Total units produced Overhead cost per unit Required 2 Required 1 Complete this question by entering your answers in the tabs below. Required 3 Required 1 Required 2 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $180 for Model 145 and $118 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 Required Required 3 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 $551.88 and the market price for Model 212 is $341.74, 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 Required 2 Required 3>
