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 830 8,060 Finishing Welding Inspecting Rework Overhead Cost $ 518,750 374, 790 262,500 $1,156,040 $ 388,740 285,600 78,300 $ 752.640 $ 170,280 30,800 124,600 $ 325,680 Welding hours Number of inspections Rework orders 5,700 840 290 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 473 8,400 8,400 Additional production information concerning its two product lines follows. Model 145 2,800 2,400 Model 212 5.600 Units produced Welding hours 3.300 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 2,800 2,400 415 460 2,750 Model 212 5,600 3.300 415 380 5,310 70 130 160 315 158 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 $220 for Model 145 and $118 for Model 212. 3. If the market price for Model 145 is $594.56 and the market price for Model 212 is $330.41, determine the profit or loss per unit for each model. Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Mode Activity driver incurred Activity Expected Costs Expected Activity Activity Rate Components Changeover Machining 518,750 374,790 262,500 830 Number of batches 8,060 Machine hours 140 Setups OOK Setups int Finishing Welding Inspecting Rework Support Purchasing Providing space and 368,740 285.600 78,300 5,700 Welding hours 840 Inspections 200 Rework orders rences 170.280 155,400 473 Purchase orders 8,400 Units lites Totaal overhead cost Total units produced Overhead cost per unit line. (Round your final answers to 2 decimal places.) Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned cted Activity Activity Rate Number of batches Machine hours Setups Welding hours ances Inspections Rework orders Purchase orders Units Total Overhead cost Total units produced Overhead cost per unit 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 $220 for Model 145 and $118 for M. Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit > 3. If the market price for Model 145 is $594.56 and the market price for Model 212 is $330.41, determine the profit or loss per unit for rach model Complete this question by entering your answers in the tabs below. 10 points Required 1 Required 2 Required If the market price for Model 145 is $594.56 and the market price for Model 212 is $330.41, determine the profit or loss per unit for each model. pant Model 145 Model 212 References Price per unit Cost per unit Profit (loss) per unit Required 2 Required