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.) 0:29:58 Process Components Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 800 6,000 120 Finishing Welding Inspecting Rework Overhead Cost $ 500,000 279,000 225,000 $1,004,000 S 180,300 210,000 75,000 $ 465,300 $ 135,000 32,000 65,000 $ 232,000 Welding hours Number of inspections Rework orders 3,000 709 300 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 450 5,000 5,000 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 1,500 880 400 400 1,800 60 160 Model 212 3,500 2,200 400 300 4,200 68 140 150 300 Answer is not complete. 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs $ 232,000 $ 38.67 Machine hours 6,000 12. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $250 for Model 145 and $180 for Model 212. 5 OH Cost Overhead Assigned Activity Driver 1.800 Plantwide Total Overhead OH rate Cost $ 38.67 X $ 69,606 per unit Units Produced 1,500 3,500 Model 145 1$ 46.40 X ] Model 212 4,200 $ 0 |$ 46.40 X Model 145 Model 212 Total manufacturing cost per unit: Materials and Labor 1$ 250.00 $ 180.00 Overhead 46.40 46.40 IS 296.40 $ Total manufacturing cost 226.40 3. If the market price for Model 145 is $820 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 $ 820.00 $ 480.00 Manufacturing cost per unit (296.40) (226.40) Profit(loss) per unit $ 523.60 $ 253.60 x x