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, ar 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 decim places.) Process Activity Overhead Cost Driver Quantity Components Changeover $ 460,000 Number of batches 799 Machining 300,800 Machine hours 7,540 Setups 225,500 Number of setups 100 $ 986, 300 Finishing Welding $ 182,700 Welding hours 3,700 Inspecting 231,000 Number of inspections 765 Rework 61,000 Rework orders 170 $ 474,700 Support Purchasing $ 138,000 Purchase orders 503 Providing space 32,250 Number of units 4,500 Providing utilities 60,929 Number of units 4,500 $ 231, 170 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 1,200 395 470 2,299 50 100 335 Model 212 3,000 2,500 395 295 5,250 50 70 168 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 $280 for Model 145 and $140 for Model 212. Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Overhead Assigned Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $741 and the market price for Model 212 is $500, determine the profit or loss per unit for each model Model 145 Model 212 Market price