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 Pintahing Welding Inspecting Rework Driver Number of batches Machine hours Number of setups Quantity 910 7,670 120 6,000 Overhead Coat $ 480,000 306,000 235,000 $1,021,000 $ 192,000 228,000 63,000 $ 483,000 $ 135,000 34,000 70,000 $ 239.000 Welding hours Number of inspections Rework orders 870 240 Support Purchasing Providing space Providing utilities Purchase orders Number of unita Number of units 459 4,880 4,880 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 2,200 455 460 2,350 60 120 306 Model 212 3,080 3,800 455 410 5,320 60 120 153 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $260 for Model 145 and $170 for Model 212. 3. If the market price for Model 145 is $1.400 and the market price for Model 212 is $250, determine the profit or loss per unit for each Units produced Welding hours Batohen Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,800 2,200 455 460 2,350 60 120 Model 212 3,080 3,800 455 410 5,320 60 120 153 306 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department Assign costs to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $260 for Model 145 and $170 for Model 212. 3. If the market price for Model 145 is $1,400 and the market price for Model 212 is $250, 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 Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department. Assign costs to the support department based on number of purchase orders. (Round your intermediate calculations and per unit cost answers to 2 decimal places.) Show less Components department Finishing department Show less Components department Finishing department Support department Model 145 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Model 212 Activity Driver Departmental OH Rate Total Overhead Cost Components Finishing Support Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department Assign colts to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $260 for Model 145 and $170 for Model 212. 3. If the market price for Model 145 is $1,400 and the market price for Model 212 is $250, determine the profit or loss per unit for eac model. Complete this question by entering your answers in the tabs below. 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 $260 for Model 145 and $170 for Model 212. (Round your intermediate calculations and cost per unit answers to 2 decimal places.) Model 145 Model 212 Materials and Labor per unit Overhead cost per unit Total cost per unit Purchase orders 306 153 09 Required: 1. Determine departmental overhead rates and compute the overhead cost per unit for each product line. Base your overhead assignment for the components department on machine hours. Use welding hours to assign overhead costs to the finishing department Assign costs to the support department based on number of purchase orders. 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $260 for Model 145 and $170 for Model 212. 3. If the market price for Model 145 is $1,400 and the market price for Model 212 is $250, 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 Rechired 3 If the market price for Model 145 is $1,400 and the market price for Model 212 is $250, determine the profit or loss per unit for each model. (Loss amounts should be indicated with a minus sign. Round your intermediate calculations and final answers to 2 decimal places.) Model 145 Model 212 Market price per unit Cost per unit Profit (loss) per unit
