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 Overhead Cost $ 460,000 Driver Quantity Machining Setups 311,000 Number of batches Machine hours 730 7,650 230,000 $1,001,000 Number of setups 200 Finishing Welding $ 190,000 Welding hours 5,600 Inspecting 233,000 Number of inspections 850 Rework 63,000 Rework orders 250 $ 486,000 Support Purchasing $ 135,000 Purchase orders 471 Providing space 31,000 Number of units. 4,670 Providing utilities 65,000 Number of units 4,670 $ 231,000 Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced Welding hours 1,600 3,070 2,600 3,000 Batches 365 365 Number of inspections 480 370 Machine hours 2,350 5,300 Setups 100 100 Rework orders 120 130 Purchase orders 314 157 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $220 for Model 145 and $150 for Model 212. 3. If the market price for Model 145 is $1,250 and the market price for Model 212 is $290, determine the profit or loss per unit for each model. Required 1 Required 2 Required 3 Determine departmental overhead rates and compute the overhead cos per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assig overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places Show le Components department Finishing department Support department Activity Model 145 Driver Departmental OH Rate Total Overhead Cost Components Finishing Model 145 Activity Driver Departmental Total Overhead Cost OH Rate Components Finishing Support Model 212 Activity Driver Components Finishing Support Departmental OH Rate Total Overhead Cost Required 1 Required 2 > Complete this question by entering your answers i below. Required 1 Required 2 Required 3 Determine the total cost per unit for each product line if 1 and direct materials costs per unit are $220 for Model 14 Model 212. (Round your intermediate calculations and co unit answers to 2 decimal places.) Materials and Labor per unit Overhead cost per unit Total cost per unit Model 145 Model 212 < Required 1 Required 3 > Complete this question by entering your answers i below. Required 1 Required 2 Required 3 If the market price for Model 145 is $1,250 and the mark 212 is $290, determine the profit or loss per unit for each amounts should be indicated with a minus sign. Round yo calculations and final answers to 2 decimal places.) Model 145 Model 212 Market price per unit Cost per unit Profit (loss) per unit