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 Driver Number of batches Machine hours Number of setups Quantity 870 7,780 180 Finishing Welding Inspecting Rework Overhead Cost $ 587,250 366,438 336,600 $1,290, 288 $ 338,010 271,375 52,800 $ 662,185 $ 196,875 31,900 63,980 $ 292,755 Welding hours Number of inspections Rework orders 5,700 835 220 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 525 5,100 5,100 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 1,700 1,800 435 505 2,450 90 160 350 Model 212 3,400 3,900 435 330 5,330 90 60 175 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 $190 for Model 145 and $115 for Model 212. 3. If the market price for Model 145 is $808.04 and the market price for Model 212 is $466.93, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 212 Activity driver Overhead incurred assigned Activity Expected Costs Expected Activity Model 145 Activity driver Overhead incurred assigned Activity Rate $ 587.250 366,438 336,600 870 Number of batches 7,780 Machine hours 180 Setups Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities $ 338,010 271,375 52,800 5,700 Welding hours 835 Inspections 220 Rework orders $ 196,875 95,880 525 Purchase orders 5,100 Units $ $ 0 Total overhead cost Total units produced Overhead cost per unit 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 $190 for Model 145 and $115 for Model 212. (Round your final answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit