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. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and round "Cost per unit and OH rate" answers to 2 decimal places.) Process Activity Components Changeover Machining Setups Finishing Welding Driver Welding hours 3,900 Number of inspections 785 Rework orders 240 Overhead Cost $454,000 301,000 226,000 Quantity Number of batches 870 Machine hours 7,530 Number of setups 80 $981,000 Inspecting Rework $ 182,500 232,000 60,900 Support Purchasing $ 475,400 $136,500 Purchase orders 563 31,500 Number of units 60,200 $228,200 Number of units 6,600 6,600 Providing space Providing utilities Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced 2,200 4,400 Welding hours 800 3,100 Batches 435 435 Number of inspections 465 320 Machine hours 2,280 5,250 Setups 40 40 Rework orders 160 80 Purchase orders 375 188 Required: 1. Using a plantwide overhead rate based on machine hours, 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 $130 for Model 212. Overhead Assigned Model 145 Model 212 Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 3. If the market price for Model 145 is $750 and the market price for Model 212 is $500, determine the profit or loss per unit for each model. Model 145 Model 212 Market price