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 770 7,760 140 Finishing Welding Inspecting Rework Overhead Cost $ 455,000 300,800 226,000 $ 981,800 $ 181,300 227,000 61,950 $ 470,250 $ 137,500 30, 200 60,530 $ 228, 230 Welding hours Number of inspections Rework orders 5,200 750 130 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 480 5,100 5, 100 Additional production information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Model 145 1,700 1,600 385 500 2,310 70 90 320 Model 212 3,400 3,600 385 250 5,450 70 40 160 Setups Rework orders Purchase orders 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 $240 for Model 145 and $140 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $732 and the market price for Model 212 is $480, determine the profit or loss per unit for each model. Model 145 Model 212 Market price