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 Overhead Cost Driver Quantity Components Changeover $ 453,00 Number of batches 910 Machining 380,800 Machine hours 7,630 Setups 227, eee Number of setups 40 $ 980,800 Finishing Welding $ 181,000 Welding hours 4,600 Inspecting 233,000 Number of inspections 775 Rework 60,500 Rework orders 210 $ 474,5ee Support Purchasing $ 134,000 Purchase orders Providing space 30,200 Number of units 4,800 Providing utilities 60,910 Number of units 4,800 $ 225, 110 488 Additional production Information concerning its two product lines follows. CI Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,6ee 2,200 455 505 2,280 20 160 325 Model 212 3,2ee 2,400 455 270 5, 350 20 50 163 Required: 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. Overhead costs 227.000 $ 29.75 per machine hour Machine hours 7,630 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 $110 for Model 212. 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 S110 for Model 212 Activity Driver Plantwide OH rate Units Produced OH Cost per unit Overhead Assigned Model 145 Model 212 Total Overhead Cost $ $ 0 0 Model 145 Model 212 0 3. If the market price for Model 145 is $755 and the market price for Model 212 is $500, determine the profit or loss per unit for each model. Model 145 Model 212 Market price