Way Cool produces two different models of air conditoners. 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 Setup 120 Overhead Driver Quantity Cost Number of $500,000 800 batches 279,000 Machine hours 6,000 225,000 Number of setups $1,004,000 $ 180, 300 Welding hours 3,000 Number of 210,000 700 Inspections 75.000 Rework orders 300 $ 465,300 $ 135,000 Purchase orders 450 32,000 Number of units 5,000 Finlahing Welding Inspecting Rework Support Purchasing Providing Providing utiliser 65,000 Number of units 5,000 $ 232,000 Additional production Information concerning its two product lines follows. 300 Model 145 Model 212 1,500 3.500 2 200 400 400 300 1,800 4.200 60 60 160 140 300 150 Units produced Welding hours Batchen Number of inspections Machine hours Setups Rework orders Purchase orders 400 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 of the direct labor and direct materials costs per unit are $250 for Model 145 and $180 for Model 212 3. If the market price for Model 145 is $820 and the market price for Model 212 s $480, determine the profit or loss per unit for each model Complete this question by entering your answers in the tabs below. Required Required Required Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Required Required Required 2 2 driver assigned Incurred Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Model 145 Model 212 Expected MELVILY A bod Activity Overhead Activity Expected Activity Activity Rate driver Costs incurred assigned incurred assigned Components Changeover $ 500.000 800 Number of batches Machining 279.000 6,000 Machine hours Setups 225,000 120 Setups Finishing Welding $ 180,300 3,000 Welding hours Inspecting 210,000 700 Inspections Rework 75,000 300 Rework orders Support Purchasing S 135,000 450 Purchase orders Providing space and 97,000 5,000 units utilities Total overhead cost S 0 S Total units produced Overhead cost per unit Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required Required Required 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 $180 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 Required Required 23 If the market price for Model 145 is $820 and the market price for Model 212 is $480, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Show less Model 145 Model 212 Price per unit Cost per unit Profit loss) per unit (Required 2 Required 3 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 Componente Changeover Machining Setups Overhead Driver Quantity Cost Number of $ 500,000 800 batches 279,000 Machine hours 6,000 225,000 Number of 120 setups $1,004,000 $ 180,300 Welding hours 3,000 Number of 210,000 inspections 75.000 Rework orders 300 $ 465,300 135,000 Purchase orders 450 32,000 Number of units 5,000 Finishing Welding Inspecting Rework 700 Support Purchasing Providing Providing utilities Number of units 5,000 65,000 232,000 $ Additional production Information concering its two product lines follows. Unito produced Welding hours Batchen Number of inspections Machine hours Setups Revork orders Purchase orders Model 145 Model 212 1,500 3,500 800 2,200 400 400 400 300 1,800 4,200 160 140 300 150 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 $180 for Model 212 3. If the market price for Model 145 is $820 and the market price for Model 212 is $480, determine the profit or loss per unt for each model