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 Driver Number of batches Machine hours Number of setups Quantity 810 7,780 120 Finishing Welding Inspecting Rework Overhead Cost $ 457,650 365, 660 222,600 $1,045, 910 $ 350,550 298,150 56, 100 $ 704,800 $ 183,890 30,800 89,530 $ 304,220 Welding hours Number of inspections Rework orders 5,700 890 220 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 518 6,300 6,300 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 2,100 2,600 405 490 2,450 60 90 345 Model 212 4,200 3,100 405 400 5,330 60 130 173 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 $118 for Model 212. 3. If the market price for Model 145 is $720.05 and the market price for Model 212 is $378.02, determine the profit or loss per unit for each model. 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.) Model 145 Activity driver Overhead incurred assigned Expected Costs Expected Activity Activity Rate Activity d incurre $ 457,650 810 Number of batches 7,780 Machine hours 365,660 222,600 120 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities $ 350,550 298,150 56,100 5,700 Welding hours 890 Inspections 220 Rework orders $ 183,890 120,330 518 Purchase orders 6,300 Units $ 0 Total overhead cost Total units produced Overhead 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 $720.05 and the market price for Model 212 is $378.02, 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