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. (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 910 7,670 160 Finishing Welding pecting Rework Overhead Cost Driver $ 459,500 Number of batches 301,200 Machine hours 227,500 Number of setups $ 988,200 $ 180,200 Welding hours 234,000 Number of inspections 60,850 Rework orders $ 475,050 $ 138,000 Purchase orders 31,350 Number of units 60,750 Number of units $ 230,100 4,800 790 190 Support Purchasing Providing space Providing utilities 540 5, 100 5,100 Additional production information concerning its two product lines follows. Units produced Welding hours Batehes Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,700 2,000 455 525 2,320 80 70 360 Model 212 3,400 2,800 455 265 5,350 80 120 180 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 $300 for Model 145 and $160 for Model 212. Activity Driver Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Overhead Assigned Model 145 Model 212 Model 145 Model 212 3. If the market price for Model 145 is $745 and the market price for Model 212 is $440, determine the profit or loss per unit for each model. Model 145 Model 212 Market price