Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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 Overhead Cost Driver Components Changeover $ 500,000 Number of batches Machining 279,000 Machine hours Setups 225,000 Number of setups Quantity 800 6,000 120 $1,004,000 Finishing Welding $ 180,300 Welding hours 3,000 Inspecting Rework 210,000 Number of inspections 700 75,000 Rework orders 300 $ 465,300 Support Purchasing $ 135,000 Purchase orders 450 Providing space 32,000 Number of units 5,000 Providing utilities $ 65,000 232,000 Number of units 5,000 Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced 1,500 3,500 Welding hours 800 2,200 Batches 400 400 Number of inspections 400 300 Machine hours 1,800 4,200 Setups 60 60 Rework orders 160 140 Purchase orders 300 150 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 $250 for Model 145 and $180 for Model 212. 3. If the market price for Model 145 is $820 and the market price for Model 212 is $480, determine the profit or loss per unit for each Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Activity Expected Costs Expected Activity Components Changeover $ 500,000 800 Number of batches Machining 279,000 6,000 Machine hours Setups 225,000 120 Setups Finishing Welding $ 180,300 3,000 Welding hours Inspecting 210,000 700 Inspections Rework 75,000 300 Rework orders Support Purchasing $ 135,000 Providing space and utilities 97,000 450 Purchase orders 5,000 Units Activity Rate Total overhead cost Total units produced Overhead cost per unit Model 145 Model 212 Activity driver incurred Overhead assigned Activity driver incurred Overhead assigned Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $250 for Model 145 and $180 for Model 212. (Round your final answers to 2 decimal places.) Materials and Labor per unit Overhead cost per unit Total cost per unit Model 145 Model 212 If the market price for Model 145 is $820 and the market price for Model 212 is $480, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Price per unit Cost per unit Profit (loss) per unit Model 145 Model 212