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.) Process Activity Overhead Cost Driver Quantity Components Changeover $ 459, see Number of batches 730 Machining 301,800 Machine hours 7,520 Setups 227,000 Number of setups 100 $987, 8e Finishing Welding $ 180, 100 Welding hours 4,600 Inspecting 231,000 Number of inspections 820 Rework 60.9ee Rework orders $ 472,000 Support Purchasing $ 137,500 Purchase orders 458 Providing space 31,200 Number of units 5,700 Providing utilities 60,140 Number of units 5,700 $ 228,840 180 1,600 Additional production Information concerning its two product lines follows, Model 145 Model 212 Units produced 1,900 3,800 Welding hours 3,000 Batches 365 Number of inspections 490 330 Machine hours 2,270 5,250 Setups 50 50 Rework orders 90 90 Purchase orders 385 153 365 Required: Required: 1. Using a plantwide overhead rate based on machine hours, 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 $220 for Model 145 and $110 for Model 212 Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Overhead Assigned Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $733 and the market price for Model 212 is $480, determine the profit or loss per unit for each model. Model 145 Model 212 Market price