Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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 Netivity Coponents Changeover Machining Setups Quantity 790 7.610 Finishing Welding Inspecting Rework Overhead Coat Driver $459.000 Number of batches 301.600 Machine hours 225,500 Number of setups $986,100 $ 181,500 Welding hours 220.000 Number of inspections 62,050 Rework orders $ 463,550 $ 136,000 Purchase orders 30,200 Number of units 60,940 Number of units $ 227,140 3.600 750 170 Support 555 Purchasing Providing space Providing utilities 6,600 6.600 Additional production information concerning its two product lines follows. Model 145 2.200 1.200 395 Model 212 4.400 2.400 395 480 270 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 2,310 5,300 40 100 370 70 185 Required: 1. Using a plantwide overhead rate based on machine hours, 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 $310 for Model 145 and $150 for Model 212. Overhead Assigned Activity Driver Plantwide OH Total Overhead Cost Units Produced OH Cost per unit rate Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $753 and the market price for Model 212 is $430, determine the profit or loss per unit for each model. Model 145 Model 212 Market price