Way Cool produces two different models of alr 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 $ 463,250 Number of batches 850 Machining 380,480 Machine hours 8,200 Setups 145,200 Number of setups 80 $988,930 Finishing Welding $ 227,700 Welding hours 4,500 Inspecting 302,400 Number of inspections 848 Rework 48,000 Rework orders 160 $578,100 Support Purchasing $ 186, 110 Purchase orders 503 Providing space 32,100 Number of units 7,800 Providing utilities 112,980 Number of units 7,800 5331, 190 Additional production Information concerning its two product lines follows. Units produced Welding hours Batches Number of inspections Machine hours Setups Rework orders news Model 145 2,600 800 425 520 2,850 40 110 Model 212 5,200 3,700 425 320 5,350 40 50 16 . vorinter 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 $463,250 Number of batches 850 Machining 380,480 Machine hours 8,200 Setups 145,200 Number of setups 80 $988,930 Finishing Welding $ 227,700 Welding hours 4,500 Inspecting 302,400 Number of inspections 840 Rework 48,000 Rework orders $578,100 Support Purchasing 5186, 110 Purchase orders 503 Providing space 32, 100 Number of units 7,800 Providing utilities 112,980 Number of units 7,800 $331, 190 160 Additional production information concerning its two product lines follows. Model 145 Model 212 Units produced 2,600 5,200 Welding hours 880 3,700 Batches 425 425 Number of inspections 520 320 Machine hours 2.850 5,350 Setups 40 Rework orders 110 50 Purchase orders 335 168 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 $230 for Model 145 and $118 for Model 212. 3. If the market price for Model 145 is $565.05 and the market price for Model 212 is $316.29, 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 Model Activity driver incurred Expected Activity Activity Rate $ Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework 463.250 380.480 145,200 850 Number of batches 8,200 Machine hours 80 Setups $ 227,700 302.400 48.000 4,500 Welding hours 840 Inspections 160 Rework orders 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 Model Activity driver incurred Expected Activity Activity Rate $ 463,250 380,480 145,200 850 Number of batches 8,200 Machine hours 80 Setups Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Support Purchasing Providing space and utilities $ 227,700 302,400 48,000 4,500 Welding hours 840 Inspections 160 Rework orders $ 186, 110 145,080 503 Purchase orders 7,800 Units Total overhead cost Total units produced Overhead cost per unit Activity Rate Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned itches S ers $ 0 $ 0 Total overhead cost Total units produced Overhead cost per unit 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 $230 for Model 145 and $118 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 Rechired 3 If the market price for Model 145 is $565.05 and the market price for Model 212 is $316.29, 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