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 Machining Setups Diver Number of batches Machine hours Number of setup Quantity 770 8,590 120 Finishing Welding Inspecting Rework Overhead cost $ 466.000 312,000 233,000 $1,011,000 $ 192,000 232.000 64,000 $ 480,000 $ 137,000 38,000 61,000 $ 236,000 Welding hours Number of inspections Rework orders 5,300 825 180 Support Purchasing Providing space Providing utilities Purchase ordera Number of unita Number of units 525 4.780 4,780 Additional production information concerning its two product lines follows. Unita produced Welding hours Batches Number of inspections Machine hours Setupe Rework orders Purchase orders Model 145 1,700 1.600 385 495 3.250 60 110 350 Model 212 3,080 3,700 385 330 5,340 60 70 175 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line of the direct labor and direct materials costs per unit are $310 for Model 145 and $200 for Model 212. 2 If the market price for More 145 l 1775 and the marvet nrira for Metal 112 c ta determine the fint ineenar un for 3. If the market price for Model 145 is $1775 and the market price for Model 212 is $300, 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 Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Show less Components department Finishing department Support department Modal 145 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Modal 212 Activity Departmental Total Overhead Cost Finishing department Support department Model 145 Activity Driver Departmental OH Rato Total Overhead Cost Components Finishing Support Model 212 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Hequired Required 2 > Required 1 Require:52 Required 3 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $310 for Model 145 and $200 for Model 212. (Round your intermediate calculations and cost per unit answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit (Required 1 Required 3 > Required 1 Required 2 Required If the market price for Model 145 is $1,775 and the market price for Model 212 is $300, determine the profit or loss per unit for each model. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and final answers to 2 decimal places.) Model 145 Model 212 Market price per unit Cost per unit Profit (1) per unit (Required 2 queda