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 Components Changeover Machining Setups Quantity 750 7.670 Finishing Welding Inspecting Rework Overhead Cost Driver $ 460,000 Number of batches 300,400 Machine hours 228,000 Number of setups $ 988,400 $ 182,500 Welding hours 222,000 Number of inspections 61,750 Rework orders $ 466,250 $ 134,500 Purchase orders 32,400 Number of units 60,400 Number of units $ 227,300 3.400 780 290 Support Purchasing Providing space Providing utilities 525 6,300 6,300 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 1,200 - 375 505 2,320 Model 212 4,200 2,200 375 275 5,350 20 20 120 170 350 175 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. 0 Direct materials Direct labor hours 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $200 for Model 145 and $190 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $731 and the market price for Model 212 is $470, determine the profit or loss per unit for each model 3. If the market price for Model 145 is $731 and the market price for Model 212 is $470, determine the profit or loss per unit for each model. Model 145 Model 212 Market price