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. Process Activity Components Changeover Machining Overhead Cost Driver 466,000 302, 000 231,000 Quantity 910 Number of batches Kachine hours 8,430 Number of setups 40 Setups $999,000 $ 182,000 231,000 umber of inspections 63,500 Finishing Welding Inspecting Welding hours 5,400 840 Rework Rework orders 150 $476,500 Purchasing Providing space Providing utilities Support $133, 000 36,500 Purchase orders 4 83 Number of units 4,420 4,420 70,000 Number of units $239,500 Additional production information concerning its two product lines follows. Model 145 Model 212 3,020 3, 600 155 Units produced Welding hours BatcheB 1 , 400 1,800 455 Number of inspections Machine hours 470 3,150 370 5,280 Setups Rework orders 20 20 100 50 Purchase orders 322 161 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 $190 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 $310, determine the profit or loss per unit for each model. Required 1 Required 2Required 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 Support department Activity Departmeoal Overhead Cost Model 145 Driver OH Rate Components Finishing Support Activity Departmenta Driver Model 212 Total Overhead Cost OH Rate 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 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 $190 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 $310, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below Required 1qd 2 Required 3 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $190 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 Required 1 Required 3> 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 cach product line if the direct labor and direct materials costs per unit are $190 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 $310, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below Required 1Required 2 Required 3 :If the market price for Model 145 is $1,400 and the market price for Model 212 is $310, 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