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 Components Changeover Machining Setups Driver Number of batches Machine hours Number of setups Quantity 890 8,260 180 Finishing Welding Inspecting Rework Overhead Cost $ 476,150 379,960 340,200 $1,196,310 $ 383,500 283,200 48,300 $ 715,000 $ 171,715 32,100 127,980 $ 331,795 Welding hours Number of inspections Rework orders 5,900 885 230 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 563 8,700 8,700 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 2,900 2,600 445 505 2,950 90 120 375 Model 212 5,800 3,300 445 380 5,310 90 110 188 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 $260 for Model 145 and $117 for Model 212. 3. If the market price for Model 145 is $628.67 and the market price for Model 212 is $320.10, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 212 Activity driver Overhead incurred assigned Activity Model 145 Activity driver Overhead incurred assigned Expected Costs Expected Activity Activity Rate $ 476,150 890 Number of batches 379,960 340,200 8,260 Machine hours 180 Setups Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities $ 383,500 283,200 48,300 5,900 Welding hours 885 Inspections 230 Rework orders $ 171,715 160,080 563 Purchase orders 8,700 Units Total overhead cost Total units produced Overhead cost per unit Required 1 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 direct materials costs per unit are $260 for Model 145 and $117 for Model 212. 3. If the market price for Model 145 is $628.67 and the market price for Model 212 is $320.10, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $260 for Model 145 and $117 for Model 212. (Round your final answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit 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 $260 for Model 145 and $117 for Model 212. 3. If the market price for Model 145 is $628.67 and the market price for Model 212 is $320.10, determine the profit or loss per unit for each 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 $628.67 and the market price for Model 212 is $320.10, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit