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 $ 47,050 Number of batches 790 Machining 383,050 Machine hours 8,150 Setups 299,200 Number of setups 160 $1,152,300 Finishing Welding $ 277,500 Welding hours 5,000 Inspecting 271,250 Number of inspections 875 Rework 45,600 Rework orders 190 $ 594,350 Support Purchasing $ 210,600 Purchase orders 540 Providing space 30,100 Number of units 5,100 Providing utilities 64,250 Number of units 5, lee $ 384,950 Additional production information concerning its two product lines follows. Additional production Information concerning its two product lines follows. Model 145 Units produced Model 212 1,700 3,400 Welding hours 2,000 3.000 Batches 395 395 Number of inspections 495 Machine hours 2,850 5,300 Setups 80 80 Rework orders 100 90 Purchase orders 360 180 380 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 $117 for Model 212. 3. If the market price for Model 145 is $796.45 and the market price for Model 212 is $432.94, 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 $796.45 and the market price for Model 212 is $432.94, 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 Profil (loss) per unit