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 Overhead Cost $ 478,000 303,000 226,000 $1,007,000 Driver Number of batches Machine hours Number of setups Quantity 770 8,200 20 6,180 865 Finishing Welding Inspecting Rework $ 186,000 234,000 64,500 $ 484,500 Welding hours Number of inspections Rework orders 200 Support Purchasing Providing space Providing utilities $ 139,000 31,500 68,000 $ 238,500 Purchase orders Number of units Number of units 561 4,719 4,710 Additional production information concerning its two product lines follows. Model 145 1,600 2,000 385 Model 212 3,110 4,100 385 380 5, 350 10 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 485 2,850 10 130 374 70 187 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 $300 for Model 145 and $130 for Model 212. 3. If the market price for Model 145 is $1.775 and the market price for Model 212 is $290, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. I Required 1 Required 2 Required 3 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 omework 0 0 Support department 0 Total Overhead Cost Model 145 Activity Driver Departmental OH Rate $ 0 Components $ 0 Finishing 0 Support Model 212 Activity Driver Departmental OH Rate Total Overhead Cost Components $ 0 Finishing $ 0 Support 0 Required Required 2 > 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 $300 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 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 $1,775 and the market price for Model 212 is $290, 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 146 Model 212 Market price per unit Cost per unit Profit (loss) per unit