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 Components Changeover Machining Setups Quantity 890 7,780 200 Finishing Welding Inspecting Rework Overhead Cost Driver $ 452,500 Number of batches 301,800 Machine hours 226,000 Number of setups $ 980,300 $ 180,400 Welding hours 220,000 Number of inspections 60,350 Rework orders $ 460, 750 $ 137,000 Purchase orders 30, 250 Number of units 60,140 Number of units $ 227,390 3,800 745 150 Support Purchasing Providing space Providing utilities 495 4,200 4,200 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 1,400 1,600 445 460 2,330 100 90 330 Model 212 2,800 2,200 445 285 5, 450 100 60 165 Required: Required: 1. Using a plantwide overhead rate based on machine hours, 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 $170 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $756 and the market price for Model 212 is $440, determine the profit or loss per unit for each model. Model 145 Model 212 Market price