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. (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 Components Changeover Machining Setups Overhead Cost Driver $ 453,000 Number of batches 302,000 Machine hours 227,000 Number of setups Quantity 850 7,500 160 $ 982,000 Finishing Welding Inspecting Rework $ 181,300 Welding hours 235,000 Number of inspections 61,950 Rework orders 5,100 775 250 $ 478,250 Support 510 Purchasing Providing space Providing utilities $ 135,500 Purchase orders 30,150 Number of units 60,550 Number of units 4,200 4,200 $ 226,200 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 1,400 2,400 425 490 2,300 80 160 340 Model 212 2,800 2,700 425 285 5,200 80 90 170 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 $190 for Model 145 and $160 for Model 212. OH Cost per Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced unit Model 145 Model 212 Model 145 Model 212 3. Assume if the market price for Model 145 is $742 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