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 Overhead Cost Quantity Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups 770 7,990 40 Finishing Welding Inspecting Rework $419,650 369,937 72,400 $861,987 $263,560 275,900 52,800 $592,260 $191,250 31,800 Welding hours Number of inspections Rework orders 4,400 890 220 Support Purchasing Providing space Providing utilities Purchase orders Number of units 510 8,700 Number of units 8,700 128,280 $351, 330 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 Model 212 2,900 5,800 1,000 3,400 385 385 480 410 2,650 5,340 20 20 110 110 340 170 Required: 1. Using ABC, 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 $120 for Model 212. 3. If the market price for Model 145 is $491.12 and the market price for Model 212 is $296.34, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required Required Required 2 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 145 Model 212 2,900 5,800 1,000 3,400 385 385 480 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 2,650 20 110 340 410 5,340 20 110 170 Required: Using ABC, compute the overhead cost per unit for each product line. . Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $220 or Model 145 and $120 for Model 212. . If the market price for Model 145 is $491.12 and the market price for Model 212 is $296.34, determine the profit or oss per unit for each model. Complete this question by entering your answers in the tabs below. Required Required Required 1 2 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 145 Activity Overhead driver incurred assigned Expected Costs Activity Model 212 Activity driver Overhead incurred assigned Expected Activity Activity Rate Components Changeover Number of $ 419,650 770 batches $ 545.00 per batch 369,937 Machine 7,990 hours 40 Setups $ 46.30 per machine hour $ 1,810.00 per setup 72,400 $ 263,560 275,900 Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities 4,400 Welding hours $ 59.90 per welding hour 890 Inspections $ 310.00 per inspection 220 Rework $ 240.00 per rework order orders 52,800 $ 191,250 Purchase 510 orders 8,700 Units 160,080 $ 375.00 per purchase order $ 18.40 per unit Total overhead cost Total units produced Overhead cost per unit $ $ 0 Required Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If the market price for Model 145 is $491.12 and the market price for Model 212 is $296.34, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit 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 unit are $220 for Model 145 and $120 for Model 212. (Round your final answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit