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 Components Changeover Machining Setups Quantity 930 7,740 140 Finishing Welding Inspecting Rework Overhead Cost Driver $ 453,000 Number of batches 301,600 Machine hours 227,000 Number of setups $ 981,600 $ 182,600 Welding hours 235,000 Number of inspections 60,750 Rework orders $ 478,350 $ 137,500 Purchase orders 30,800 Number of units 60,550 Number of units $ 228,850 4,300 790 190 Support Purchasing Providing space Providing utilities 495 4,800 4,800 Check my work 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 1,600 2,000 465 510 2,340 70 120 330 Model 212 3,200 2,300 465 280 5,400 70 70 165 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 $210 for Model 145 and $160 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate +tal Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 Check my work 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 $210 for Model 145 and $160 for Model 212. Overhead Assigned Units Produced Plantwide OH rate Activity Driver Total Overhead Cost OH Cost per unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $733 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