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 Activity Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 730 7,650 120 Finishing Welding Inspecting Rework Overhead Cost $ 458,500 300,600 226,000 $ 985,100 $ 189,700 227,000 60,950 $ 468,650 $ 136,500 32,100 60,810 $ 229, 410 Welding hours Number of inspections Rework orders 3,200 785 250 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 480 6,000 6,000 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 2,000 1,289 365 495 2,300 60 170 32e Model 212 4,000 2,000 365 290 5,350 68 80 16e Required: 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs 1.683.160 $ 220.02 per machine hour Machine hours 7,650 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $210 for Model 145 and S170 for Model 212. Overhead Assigned Model 145 Model 212 Activity Driver Plantwide OH rate Total Overhead Cost 2,300 $ 220.02 $ 506,046 5,350 $ 220.02 $ 1,177,107 Units Produced OH Cost per unit 2,000 $ 253.02 4,000 $ 294.28 Model 145 Model 212 Total manufacturing cost per unit: Materials and Labor Overhead 253.02 294.28 Total manufacturing cost 3. If the market price for Model 145 is $747 and the market price for Model 212 is $440, determine the profit or loss per unit for each model. Model 145 Model 212 Market price