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. 1 Quantity points PEOLARS Activity Componenta Changeove Machining Setupa 120 Finishing 5 Welding Inspecting BAEK Overhead Coat Drive 6 500.000 279,000 Machine how 225,000 Number of setupa $1,004,000 180. 10 Welding hoa 210,000 Number or inspections 75,000 Rk Ordera 6 465, 200 135,000 Purchase Ordesa 32,000 Number O: wita 65,000 Number of unita $ 232,000 Support Purchasing Providing space Providing utilities Additional production information concerning its two product lines follows. Model 145 1,500 Model 212 3,500 2,200 Unite produced Welding hours Batches Number o: inspections Machine houza Setup RADEK Oude: Purchase ordera 1,200 300 4,200 160 140 150 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 $250 for Model 145 and $180 for Model 212 3. If the market price for Model 145 is $820 and the market price for Model 212 is $480, determine the profit or loss per unit for each model