Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their componen department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, drivers associated with these two manufacturing processes and the production support process follow. Process Activity Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 750 7,910 100 Finishing Welding Inspecting Rework Overhead Coat $ 462,000 313,000 234,000 $1,009,000 $ 182,000 224,000 64,500 $ 470,500 $ 133,000 37,500 70,000 $ 240,500 Welding hours Number of inspections Rework orders 5,200 840 130 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 495 5,180 5,180 Additional production information concerning its two product lines follows, Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 2,100 1,800 375 480 2,550 50 80 330 Model 212 3,080 3,400 375 360 5,360 50 50 165 Components department Overhead costs Machine hours Finishing department Support department Welding hours Model 145 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Modol 212 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support 1. Determine departmental overhead rates and compute the overhead cost per unit for each pro assignment for the components department on machine hours. Use welding hours to assign over department. Assign costs to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line if the direct labor and direct materials co and $160 for Model 212. 3. If the market price for Model 145 is $1,625 and the market price for Model 212 is $280, determin model. Complete this question by entering your answers in the tabs below. 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 145 and $160 for Model 212. (Round your intermediate calculations and cost per unit answers to 2 dec Model 145 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 $1,625 and the market price for Model 212 is $280, determine the profit or loss pe for each model. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and finala to 2 decimal places.) Model 145 Model 212 Market price per unit Cost per unit Profit (loss) per unit