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 710 7,660 200 Tinishing Welding Inspecting Rework Overhead Cost Driver $ 453,500 Number of batches 301,000 Machine hours 228,000 Number of setup $ 982,500 $ 180, 600 Welding hours 224,000 Number of inspections 61,600 Revork orders $ 466,200 $ 138,000 Purchase orders 31,350 Number of units 60, 190 Number of units $ 229,540 4,500 800 210 ces Support Purchasing Providing space Providing utilities 495 4,500 4,500 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 1,500 1,600 355 480 2,260 100 110 330 Model 212 3,000 2,900 355 320 5,400 100 100 165 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 $200 tor Model 145 and $140 for Model 212. Overhead Assigned Model 145 Activity Driver Plantwide OH rato Total Overhead Cost Units Produced OH Cost per unit Model 212 Model 145 Model 212 3. If the market price for Model 145 is $750 and the market price for Model 212 is $430, determine the profit or loss per unit for each model Model 145 Model 212 Market price