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.) Driver Number of batches Process Activity Components Changeover Machining Setups Overhead Cost $ 451,000 301,800 226,000 Quantity 890 7,610 100 Machine hours Number of setups $ 978,800 Finishing Welding Inspecting Rework $ 180,700 231,000 60,150 Welding hours Number of inspections Rework orders 3,200 820 160 $ 471,850 Support Purchase orders 503 Purchasing Providing space Providing utilities $ 136,500 30, 250 60,410 Number of units 4,200 4,200 Number of units $ 227,160 Additional production information concerning its two product lines follows. Model 212 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,400 800 445 500 2,310 50 120 335 2,800 2,400 445 320 5,300 50 40 168 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 $310 for Model 145 and $210 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 $754 and the market price for Model 212 is $490, determine the profit or loss per unit for each model. Model 145 Model 212 Market price