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.) Process Activity Components Changeover Machining Setups Quantity 730 7,530 80 Finishing Welding Inspecting Rework Overhead Cost Driver $ 457,500 Number of batches 301,400 Machine hours 227,500 Number of setups $ 986,400 $ 180,200 Welding hours 221,000 Number of inspections 61,600 Rework orders $ 462,800 $ 136,500 Purchase orders 32,100 Number of units 60,630 Number of units $ 229, 230 5,500 825 240 Support Purchasing Providing space Providing utilities 495 6,000 6,000 Additional production information concerning its two product lines follows. Model 145 2,000 2,200 Model 212 4,000 3,300 365 330 5,250 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders 2,280 40 165 m 1. Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each product line. 01 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $270 for Model 145 and $190 for Model 212. Overhead Assigned Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $743 and the market price for Model 212 is $480, determine the profit or loss per unit for each model. Model 145 Model 212 Market price