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. (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.) Quantity 890 Process Activity Components Changeover Machining Setups Overhead Cost Driver $ 459,000 Number of batches 301,400 Machine hours 226,000 Number of setups $ 986,400 7,560 160 Finishing Welding Inspecting Rework Welding hours Number of inspections Rework orders 4,800 860 240 $ 180, 200 228,000 61,700 $ 469,900 $ 136,500 31,100 60,640 $ 228, 240 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 570 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 2,200 445 520 2,260 Model 212 3,600 2,600 445 340 5,300 80 90 190 80 150 380 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 $250 for Model 145 and $190 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced 1 Cost per unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $741 and the market price for Model 212 is $470, determine the profit or loss per unit for each model. Model 145 Model 212 Market price