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 $ Driver 483,750 Number of batches Machining 376,419 Machine hours Setups 378,000 Number of setups Quantity 750 8,130 200 $1,238,169 Finishing Welding $ 240,240 Welding hours 3,900 Inspecting 251,625 Number of inspections 825 Rework 57,600 Rework orders 240 $ 549,465 Support Purchasing $ 162,565 Purchase orders 533 Providing space 32,100 Number of units Providing utilities $ 48,120 242,785 Number of units 4,200 4,200 Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced 1,400 2,800 Welding hours BOO 3,100 Batches 375 375 Number of inspections 465 360 Machine hours 2,850 5,280 Setups 100 100 Rework orders 170 70 Purchase orders 355 178 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 $230 for Model 145 and $118 for Model 212. 3. If the market price for Model 145 is $894.70 and the market price for Model 212 is $511.55, 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.) Activity Expected Costs Expected Activity Components Changeover $ 483,750 Machining 376,419 750 Number of batches 8,130 Machine hours Setups 378,000 200 Setups Finishing Welding Inspecting $ 240,240 3,900 Welding hours 251,625 57,600 825 Inspections 240 Rework orders Rework Support Purchasing $ 162,565 Providing space and utilities 80,220 533 Purchase orders 4,200 Units Model 145 Activity Rate Activity driver incurred Overhead assigned Total overhead cost Total units produced Overhead cost per unit Model 212 Activity driver incurred Overhead assigned 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 $230 for Model 145 and $118 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 Required 1 Required 2 Required 3 If the market price for Model 145 is $894.70 and the market price for Model 212 is $511.55, 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