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 Overhead Cost Driver Quantity Components Changeover $ 405,150 Number of batches 730 Machining 359,550 Machine hours 7,650 Setups 298,400 Number of setups 160 $1,063, 100 Finishing Welding $ 328,440 Welding hours 5,100 Inspecting 287,625 Number of inspections 885 Rework 39, 100 Rework orders 170 $ 655,165 Support Purchasing $ 178,500 Purchase orders 525 Providing space 31, 100 Number of units 6,000 Providing utilities 81,100 Number of units 6,000 $ 290,700 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 2,000 1,800 365 515 2,350 80 110 350 Model 212 4,000 3,300 365 370 5,300 80 60 175 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 $250 for Model 145 3. If the market price for Model 145 is $714.28 and the market price for Model 212 is $387.86, determine the profit or loss per unit for each model 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 $250 for Model 145 and $117 for Model 212 3. If the market price for Model 145 is $714.28 and the market price for Model 212 is $387,86, determine the profit or loss per unit for each model Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Expected Coats Expected Activity Activity Rate Model 145 Activity driver Overhead Incurred signed Activity d Incur $ 405.150 359,550 298,400 730 Number of batches 7.650 Machine hours 160 Setups Components Changeover Machining Setup Finishing Welding Inspecting Rework Support Purchasing Providing space and lities S 328,440 287.625 39.100 5.100 Welding hours 885 Inspections 170 Rework orders $ 178,500 112,200 525 Purchase orders 8,000 Units Total Overhead cost Tons produced Overhead cost per unit 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 $250 for Model 145 and $117 for Model 212. 3. If the market price for Model 145 is $714.28 and the market price for Model 212 is $387.86, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. 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 $250 for Model 145 and $117 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. 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 $250 for Model 145 and $117 for Model 212. 3. If the market price for Model 145 is $714.28 and the market price for Model 212 is $387.86, determine the profit or loss per unit for each model Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 If the market price for Model 145 is $714.28 and the market price for Model 212 is $387.86, 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