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 Overhead Cost Driver Quantity Components Changeover $ 451,000 Number of batches 730 Machining 301,200 Machine hours 7,590 Setups 227,500 Number of setups $979,700 Finishing Welding $ 182,000 Welding hours 3,600 Inspecting 228,000 Number of inspections Rework 61,900 Rework orders 210 $ 471,900 Support Purchasing $ 136,000 Purchase orders Providing space 31,800 Number of units 5,700 Providing utilities 60,810 Number of units 5,700 $ 228, 610 40 795 540 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 1,900 800 365 480 2,340 20 140 360 Model 212 3,800 2,800 365 315 5,250 20 70 180 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 $230 for Model 145 and $180 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 $739 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