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. Quantity Process Components Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups 8,450 Finishing Welding Inspecting Rework Overhead Cost $ 582,950 390,390 144, 480 $1,117,740 $ 433,440 274, ese 49,000 $ 756,490 $ 170,850 31.480 48.480 $ 250, 650 Welding hours Number of inspections Rework orders 6,300 870 288 Support 51e Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 4,288 4,200 Additional production Information concerning its two product lines follows. Units produced Welding hours Batches Number of Inspections Machine hour's Setups Rework order's Purchase orders Model 145 1,480 2,483 445 468 3.150 Model 212 2.880 3,988 445 419 5,388 48 40 140 60 3:40 17e 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 $240 for Model 145 and $121 for Model 212 3. If the market price for Model 145 is $950.58 and the market price for Model 212 is $525.27. 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 $ 582,950 390,390 144.400 890 Number of batches 8.450 Machine hours 80 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities $ 433.440 274.050 49.000 6.300 Welding hours 870 Inspections 200. Rework orders $ 170,850 79,800 510 Purchase orders 4.200 Units Total overhead cost Total units produced Overhead cost per unit Reme 1 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 $240 for Model 145 and $121 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 $950.58 and the market price for Model 212 is $525.27, 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
