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 Components Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 750 7,680 180 Finishing Welding Inspecting Rework Overhead Cost $ 455,000 300,200 229,000 $984,200 $ 181,600 234,000 60,850 $ 476,450 $ 136,000 32,350 60, 110 $ 228,460 Welding hours Number of inspections Rework orders 4,100 785 260 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 525 6,000 6,000 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setups Model 145 2,000 1,000 375 485 2,330 90 Model 212 4,000 3,100 375 300 5,350 90 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs 984,200 $ 128.15 per machine hour Machine hours 7,680 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 $190 for Model 212. Activity Driver Plantwide OH rate Units Produced OH Cost per unit Overhead Assigned Model 145 Model 212 Total Overhead Cost $ 0 $ 0 Model 145 Model 212 3. If the market price for Model 145 is $739 and the market price for Model 212 is $460, determine the profit or loss per unit for each model. Model 145 Model 212 Market price