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 Components Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 750 8,440 180 Finishing Welding Inspecting Rework Overhead Cost $ 453, 750 394,992 335,700 $1,184,442 $ 263, 160 334,000 61, 250 $ 658, 410 $ 188,605 30, 800 103, 840 $ 323, 245 Welding hours Number of inspections Rework orders 5, 100 835 250 Support 563 Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 7,200 7,200 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 2,400 1,800 375 465 3, 150 90 130 375 Model 212 41,800 3,300 375 370 5,290 90 120 188 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 $230 for Model 145 and $115 for Model 212. 3. If the market price for Model 145 is $656.98 and the market price for Model 212 is $353.38, determine the profit or loss per unit for each model. If the market price for Model 145 is $656.98 and the market price for Model 212 is $353.38, 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 2 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Activity Expected Costs Expected Activity Activity Rate Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned $ 453.750 750 Number of batches $ 375 8,440 Machine hours $ 394.992 335.700 Components Changeover Machining Setups Finishing Welding Inspecting Rework 605.00 per batch 46.80 per machine hour 1,865.00 per setup 375$ 5,290 3,150 226.875 247,572 167,850 180 Setups $ 90 167,850 90 $ $ 263160 334.000 5.100 Welding hours 835 Inspections 250 Rework orders $. 51.60 per welding hour 400.00 per inspection 245.00 per rework order 1,800 465 130 92 880 186,000 31,850 3,300 370 120 170,280 148,000 29.400 611250 $ Support Purchasing Providing space and utilities $ 188 605 134.640 563 Purchase orders 7 200 Units 188 $ 375 2.400 335.00 per purchase order 18.70 per unit Total overhead cost Total units produced Overhead cost per unit 125,625 44,880 649,085 4.800 62 980 89,760 $ 1,142.717 $ Required 2 > 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 $230 for Model: 145 and $115 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 >