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 Quantity 770 8,460 80 Finishing Welding Inspecting Rework Overhead Cost Driver $435,050 Number of batches 389,168 Machine hours 150,800 Number of setups $975,010 $331,680 Welding hours 331,875 Number of inspections 84,000 Rework orders $747,555 $178, 200 Purchase orders 30,300 Number of units 61,380 Number of units 4,800 885 280 Support Purchasing Providing space Providing utilities 540 4,800 4,800 $269,880 Additional production information concerning its two product lines follows. Model 145 Model 212 Additional production information concerning its two product lines follows. Model 212 3,200 4,000 385 Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders Purchase orders Model 145 1,600 800 385 485 3,150 40 160 360 489 5,310 40 120 180 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 $220 for Model 145 and $120 for Model 212 3. If the market price for Model 145 is $765.78 and the market price for Model 212 is $470.43, determine the profit or loss per unit for each model Complete this question by entering your answers in the tabs below. 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 $220 for Model 145 and $120 for Model 212. 3. If the market price for Model 145 is $76578 and the market price for Model 212 is $470.43, 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 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Expected Costs Expected Activity Activity Rate Model 145 Activity driver Om incurred 5 770.00 per batch Activity Components Changeover Machining Setups Finishing 435,050 389,160 150.800 770 Number of batches 8,460 Machine hours 80 Setups Expected Costs Expected Activity Activity Rate $ $ 770.00 per batch Components Changeover Machining Setups 435,050 389,160 150,800 770 Number of batches 8,460 Machine hours 80 Setups | 331,630 331 875 84,000 4,800 Welding hours 885 Inspections 280 Rework orders Weldings Inspecting Rework Support Purchasing Providing space and utilities 5 178.200 91,680 540 Purchase orders 4.800 Units s Total overhead cost Total units produced Overhead cost per unit Required 2 > 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 $220 for Model 145 and $120 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 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 $765.78 and the market price for Model 212 is $470.43, 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
