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 Quantity 730 8,290 60 Pinishing Welding Inspecting Rework Overhead Cost Driver $ 470, 850 Number of batches 382,998 Machine hours 114,000 Number of setups $ 967, 848 $ 294, 680 Welding hours 253, 150 Number of inspections 55,100 Rework orders $ 602, 930 $ 173,250 Purchase orders 31,600 Number of units 54,350 Number of units $ 259, 200 5, 300 830 190 Support Purchasing Providing space Providing utilities 525 4,500 4,500 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 1,500 2,400 365 500 2,950 Model 212 3,000 2,900 365 330 5,340 30 30 150 350 175 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 $190 for Model 145 and $111 for Model 212. 3. If the market price for Model 145 is $792.12 and the market price for Model 212 is $420.66, 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 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned Activity Expected Costs Expected Activity Activity Rate Components Changeover S Machining Setups Finishing 470,850 382,998 114,000 730 Number of batches 8,290 Machine hours 60 Setups Welding Inspecting Rework 294,680 253,150 55,100 5,300 Welding hours 830 Inspections 190 Rework orders Support Purchasing S 173,250 85,950 525 Purchase orders 4,500 Units Providing space and utilities Total overhead cost Total units produced Overhead cost per unit Required 1 Required 2 > 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 $190 for Model 145 and $111 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 Required 3 > 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 $792.12 and the market price for Model 212 is $420.66, 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