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 Driver Quantity Components Changeover $ 500,000 Number of batches 800 Machining 279,000 Machine hours 6,000 Setups 225,000 Number of setups 120 $1,004,000 Finishing Welding $ 180,300 Welding hours 3,000 Inspecting 210,000 Number of inspections Rework 75,000 Rework orders 300 $ 465,380 Support Purchasing 135,000 Purchase orders 450 Providing space 32,000 Number of units 5,000 Providing utilities 65,000 Number of units 5,000 232,000 700 Additional production Information concerning its two product lines follows. Model 145 Model 212 Units produced 1,500 3,500 Welding hours 800 2,200 Batches 400 400 Number of inspections 400 300 Machine hours 1,800 4,200 Setups 60 60 Rework orders 160 140 Purchase orders 300 150 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 $250 for Model 145 and $180 for Model 212. 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. Check my work 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 $250 for Model 145 3. If the market price for Model 145 is $820 and the market price for Model 212 is $480, determine the profit or less per unit for each model Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Expected Costs Expected Activity Activity Rate Model 145 Activity driver Overhead incurred ansigned Activity incurre $ 500,000 279.000 225,000 800 Number of batches 6,000 Machine hours 120 Setups Activity Components Changeover Machining Setups Finishing Wolong Inspecting Rework Support Purchasing Providing space and utilities $ 180.300 210,000 75,000 3,000 Welding hours 700 Inspections 300 Rework orders 5 135,000 97.000 450 Purchase orders 5,000 Unte Total overhead cost Total units produced Overhead cost perunt d cost per unit for each product line. (Round your final answers to 2 decimal places.) Expected Coats Expected Activity Model 145 Activity driver Overhead incurred as algned Model 212 Activity driver Overhead incurred assigned Activity Rate $ 500,000 279,000 225,000 300 Number of batches 6.000 Machine hours 120 Setups $ 180,300 210,000 75,000 3,000 Welding hours 700 Inspections 300 Rework orders 5 135,000 97.000 450 Purchase orders 5,000 Units Total overhead cost Total units produced Overhead cost per unit Required 2 > 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 direc and $180 for Model 212. 3. If the market price for Model 145 is $820 and the market price for Model 212 is $ model. 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 $820 and the market price for Model 212 is $480, each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit