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.) Activity Components Changeover Machining Setups Overhead Cost $ 451,500 300,600 227,500 $ 979,600 $ 180,400 233,000 Driver Number of batches Process Quantity 930 Machine hours 7,500 140 Number of setups Welding hours Number of inspections Rework orders Finishing Nelding Inspecting Rework 5,200 825 61,900 160 475,300 Purchasing Providing space Providing utilities Support $ 136,000 Purchase orders Number of units Number of units 495 30,950 5,100 60,460 5,100 $ 227,410 Additional production information concerning its two product lines follows. TT Model 145 1,70e 1,800 Model 212 Units produced Welding hours 3,400 3,400 Batches 465 465 Number of inspections Machine hours Setups Rework orders Purchase orders 495 330 2,300 7e 78 5,200 70 90 330 165 Required: 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. 2. Detemine the total cost per unit for each product line if the direct labor and direct materials costs per unit 4286 Md 145-md 430 Madel 29 Machine hours Setups 2,300 5,200 70 70 Rework orders 70 90 Purchase orders 165 330 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 $280 for Model 145 and $120 for Model 212 Activity Driver Plantwide OH Units Produced OH Cost Overhead Assigned per Total Overhead Cost rate unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $735 and the market price for Model 212 is $460, determine the profit or loss per unit for each model. Model 145 Model 212 Market price