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 Overhead Cost Driver Quantity Components Changeover 5463,550 Number of batches 730 Machining 391,146 Machine hours 8,340 Setups 226,800 Number of setups 120 $1,081,496 Finishing Welding $ 351,540 Welding hours 6,200 Inspecting 282,150 Number of inspections 55,650 Rework orders 210 $689, 340 Support Purchasing S 177,600 Purchase orders 555 Providing space 31,400 Number of units 3,000 Providing utilities 26,500 Number of units 3,000 $ 235,500 B55 Rework Additional production Information concering its two product lines follows Units produced welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,000 2,400 365 455 3,050 60 90 370 Model 212 2,000 3,800 365 400 5,290 68 120 185 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 $180 for Model 145 and $122 for Model 212 3. If the market price for Model 145 is $1,116,53 and the market price for Model 212 is $65747, determine the profit or loss per unit for each model Required 1 Required 2 Required Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 dedmal places.) Model 145 Activity driver Overhead incurred assigned Model 21 Activity driver incurred Expected Costs Expected Activity Activity Rate $ 453.550 391,140 226 000 730 Number of batches 8.340 Machine hours 120 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and the $ 351,540 202.150 55.650 6,200 Welding hours 855 Inspections 210 Rework order 5 177 600 57,900 555 Parchase orders 3.000 Unts Totulovered cost Total units produced Overhead coat per unit Model 145 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 $180 for Model 145 and $122 for Model 212. (Round your final answers to 2 decimal places.) Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit Required 1 Required 2 Required 3 If the market price for Model 145 is $1,116.53 and the market price for Model 212 is $657.47, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (los) per unit
