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. Activity Components Changeover Machining Overhead Cost Driver Quantity Process S 493,450 367,696 74,600 Number of batches 710 Machine hours 7,840 Number of setups Setups 40 935,746 Welding hours Number of inspections Finishing Welding Inspecting $ 378,200 319,500 33,000 6,200 900 Rework Rework orders 120 730,700 Purchasing Providing space Providing utilities $ 151,280 Support Purchase orders 488 31,900 Number of units 7,200 107,060 Number of units 7,200 290,240 Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced Welding hours 4,800 3,600 2,400 2,600 Batches 355 355 Number of inspections Machine hours 410 490 2,550 5,290 Setups 20 20 Rework orders 70 50 Required 1 Required 2 Required 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimals places.) Model 145 Model 212 Activity driver incurred Activity driver incurred Overhead assigned Overhead assigned Expected Costs Activity Rate Activity Expected Activity Components 710 Number of batches Changeover 493,450 7,840 Machine hours 367,696 Machining 40 Setups Setups 74,600 Finishing Welding S 378,200 6,200 Welding hours 900 Inspections Inspecting 319,500 120 Rework orders Rework 33,000 Support Purchasing 151,280 488 Purchase orders Providing space and utilities 7,200 Units 138,960 Total overhead 0 cost Total units produced Overhead cost per unit 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 $200 for Model 145 and $118 for Model 212 3. If the market price for Model 145 is $576.70 and the market price for Model 212 is $338.01, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 3 Required 1 Required 2 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $200 for Model 145 and $118 for Model 212. (Round your final answers to 2 decimal places.) ... u Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit 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 $200 for Model 145 and $118 for Model 212 3. If the market price for Model 145 is $576.70 and the market price for Model 212 is $338.01, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 If the market price for Model 145 is $576.70 and the market price for Model 212 is $338.01, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 212 Model 145 Price per unit Cost per unit Profit (loss) per unit
