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 Components Quantity 750 Activity Changeover Machining Setups Driver Number of batches Machine hours Number of setups 8,190 100 Finishing 5,400 Welding Inspecting Rework Overhead Cost $ 408,750 374,283 186,500 $ 969,533 $ 273,780 298,300 44,650 $ 616,730 $ 160,650 31,300 83,900 $ 275,850 Welding hours Number of inspections Rework orders 785 190 Support Purchasing Providing space Providing utilities Purchase orders Number units Number of units 510 6,000 6,000 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 1,600 375 455 2,850 50 150 340 Model 212 4,000 3,800 375 330 5,340 50 40 170 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 $260 for Model 145 and $115 for Model 212. 3. If the market price for Model 145 is $692.01 and the market price for Model 212 is $365.32, determine the profit or loss per unit for each model. 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 $260 for Model 145 and $115 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 Required 2 Required 3 If the market price for Model 145 is $692.01 and the market price for Model 212 is $365.32, 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