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 Driver Number of batches Machine hours Number of setups Quantity 810 8,370 120 Finishing Welding Inspecting Rework Overhead Cost $ 465,750 392,553 218,400 $1,076, 703 $ 286,230 257,300 53,550 $ 597,080 $ 153,600 30,700 101,090 $ 285, 390 Welding hours Number of inspections Rework orders 4,700 830 210 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 480 6,900 6,900 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 2,300 1,400 405 460 3,050 60 100 320 Model 212 4,600 3,300 405 370 5, 320 60 110 160 Required: 1. Using ABC, 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 $180 for Model 145 and $116 for Model 212. 3. If the market price for Model 145 is $565.23 and the market price for Model 212 is $349.91, determine the profit or loss per unit for each model. Required 1 Required 2 Required 3 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned Activity Expected Costs Expected Activity Activity Rate $ 810 Number of batches Components Changeover Machining Setups Finishing Welding Inspecting 465,750 392,553 218,400 8,370 Machine hours 120 Setups $ 286,230 257,300 4,700 Welding hours 830 Inspections Rework 53,550 210 Rework orders Support Purchasing Providing space and utilities $ 480 Purchase orders 153,600 131,790 6,900 Units Total overhead cost Total units produced Overhead cost per unit 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 $180 for Model 145 and $116 for Model 212. (Round your final 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 2 Required 3 If the market price for Model 145 is $565.23 and the market price for Model 212 is $349.91, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit