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 Componente Changeover Machining Setups Overhead Cost Driver Quantity $ 500. Number of batches 300 279,000 Machine hours 6,000 225.000 Number of 120 setups $1,004,000 180, 300 Welding hours 3,000 Number of 210,000 inspections 700 Rework orders 300 $ 465,300 $ 135,000 Purchase orders 450 32,000 Number of units 5,000 Tinishing Welding Inspecting Rework Support Purchasing Providing space Providing utilities Number of units 5,000 65,000 232.000 $ Additional production Information concerning its two product lines follows. Un to produced Welding hours Satches Number of inspections Machine hours Setups Revork Orders Purchase orders Model 145 Model 212 1,500 3,500 800 2,200 400 400 400 300 1,800 4,200 160 300 140 150 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each producte. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders 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 5 $480, determine the profit or loss per unt for each model Complete this question by entering your answers in the tabs below. Required Required Required Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Show less Components department 0 Machine hours Finishing department 0 Welding hours Support department 0 Number of purchase ...... orders. Model 145 Components Finishing Support Activity Department total Overhead Driver OH Rate Cost 400 0 Activity Department total Overhead Driver OH Rate Cost Model 212 Components Finishing Support 0 Required Required 2 >