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.) Overhead Cost Driver $454,500 Process Activity Quantity Components Changeover Number of batches 890 Machining 300,800 Machine hours 7,460 Setups 229,500 Number of setups 120 $ 984,800 Finishing Welding $180,500 Welding hours 4,000 Inspecting 233,000 Number of inspections 765 Rework 60,300 Rework orders 260 $473,800 Support Purchasing $136,500 Purchase orders 518 Providing space 31,550 Number of units 6,300 Providing utilities 60,490 Number of units 6,300 $228,540 Additional production information concerning its two product lines follows. Bodel 145 Model 212 Units produced 2,100 4,200 Welding hours 1,000 2,200 Batches 445 445 Number of inspections 475 290 Machine hours 2,260 5,2001 Setups 60 60 Rework orders 150 110 Purchase orders 345 173 Required: Required: 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line Machine hours Overhead costs oper machine hour 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 $170 for Model 212 Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 $ 0 $ 0 0 Model 145 Model 212 If the market price for Model 145 is 3756 and the market price for Model 212 is $450, determine the profit or loss per unit for each model Market price Model 145 Model 212