Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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 770 8,090 120 Finishing Welding Inspecting Rework Overhead Cost $ 496,650 368,095 223,200 $1,087,945 $ 223, 860 259,875 28,200 $ 511,935 210,980 31,400 71, 740 314, 120 Welding hours Number of inspections Rework orders 3,900 825 120 Support $ Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 548 5,400 5,400 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 1,800 1,000 385 475 2,750 60 80 365 Model 212 3,600 2,900 385 350 5, 340 60 40 183 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 $210 for Model 145 and $119 for Model 212. 3. If the market price for Model 145 is $702.68 and the market price for Model 212 is $405.11, 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 decimals places.) Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned Activity Expected Costs Expected Activity Activity Rate $ 496,650 770 Number of batches 368,095 8,090 Machine hours 223,200 120 Setups Components Changeover Machining Setups Finishing Welding Inspecting Rework $ 223,860 259,875 28,200 3,900 Welding hours 825 Inspections 120 Rework orders Support Purchasing Providing space and utilities $ 210,980 548 Purchase orders 103,140 5,400 Units Total overhead cost $ 0 $ 0 Total units produced Overhead cost per unit Required 1 Required 2 > Answer is not complete. 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 $210 for Model 145 and $119 for Model 212. (Round your final answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit $ 210.00 $ 119.00 Overhead cost per unit 340.26 x 340.26 Total cost per unit $ 550.26 $ 459.26 If the market price for Model 145 is $702.68 and the market price for Model 212 is $405.11, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 $ 702.68 $ 405.11 Price per unit Cost per unit Profit (loss) per unit