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 Overhead Cost Driver Quantity Components Changeover $ 470,000 Number of batches 850 Machining 305,000 Machine hours 8,460 Setups 230,000 Number of setups 160 $1,005,000 Finishing Welding $ 186,000 Welding hours 5,000 Inspecting 230,000 Number of inspections 895 Rework 61,500 Rework orders 160 $ 477,500 Support Purchasing 139,000 Purchase orders 549 Providing space 30,500 Number of units 5,020 Providing utilities 65,000 Number of units 5,020 234,500 Additional production information concerning its two product lines follows. Model 145 1,900 1.400 425 Model 212 3, 120 3,600 425 Units produced Welding hours Batehes Number of inspections Machine hours Setups Rework orders Purchase orders 505 390 3,150 80 100 366 5,310 80 60 183 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. 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 $130 for Model 212. 3. If the market price for Model 145 is $875 and the market price for Model 212 is $310, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Preu HE M Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Show less Components department Finishing department Support department Model 145 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Model 212 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Prey 1 of 1 !!! Next > Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. 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 $130 for Model 212. 3. If the market price for Model 145 is $875 and the market price for Model 212 is $310, 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 $240 for Model 145 and $130 for Model 212. (Round your intermediate calculations and cost per unit answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit Prev 1 of 1 !!! Next > Required 1 Required 2 Required 3 If the market price for Model 145 is $875 and the market price for Model 212 is $310, determine the profit or loss per unit for each model. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and final answers to 2 decimal places.) Model 145 Model 212 Market price per unit Cost per unit Profit (loss) per unit