**** PLEASE ANSWER ALL 3 REQUIREMENTS BELOW ****

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 Finishing Welding Support Inspecting Rework Purchasing Providing space Providing utilities Units produced Welding hours Batches Number of inspections Machine hours Overhead Cost $ 596,050 378,580 111,900 $1,086,530 $ 333,450 283,800 50,000 667,250 $ $ 183,595 31,600 37,520 $ 252,715 Setups Rework orders Purchase orders Additional production information concerning its two product lines follows. Model 145 1,200 2,600 455 500 2,950 30 130 335 Driver Number of batches. Machine hours Number of setups. Welding hours Number of inspections. Rework orders 30 70 168 Purchase orders Number of units. Number of units. Model 212 2,400 3,900 455 360 5,280 Quantity 910 8,230 60 6,500 860 200 503 3,600 3,600 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 $200 for Model 145 and $115 for Model 212. 3. If the market price for Model 145 is $1,005.54 and the market price for Model 212 is $548.92, determine the profit or loss per unit for each model. 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 $200 for Model 145 and $115 for Model 212 3. If the market price for Model 145 is $1,005.54 and the market price for Model 212 is $548.92, determine the profit or loss per unit for each model. Complete this question by entering your answers in the tabs below. Required 1 Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimal places.) Activity Components Changeover Machining Setups Finishing Welding Inspecting Rework Required 2 Required 3 Support Purchasing Providing space and utilities Expected Costs $ $ $ 596,050 378,580 111,900 333,450 283,800 50,000 183,595 69,120 Expected Activity 910 Number of batches 8,230 Machine hours 60 Setups 6,500 Welding hours 860 Inspections 200 Rework orders 503 Purchase orders 3,600 Units Activity Rate Total overhead cost Total units produced Overhead cost per unit Model 145 Activity driver incurred Overhead assigned $ 0 Model 212 Activity driver incurred Overhead assigned $ 0 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 $200 for Model 145 and $115 for Model 212. 3. If the market price for Model 145 is $1,005.54 and the market price for Model 212 is $548.92, 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 Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $200 for Model 145 and $115 for Model 212. (Round your final answers to 2 decimal places.) Materials and Labor per unit Overhead cost per unit Total cost per unit Model 145 Model 212 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 $200 for Model 145 and $115 for Model 212. 3. If the market price for Model 145 is $1,005.54 and the market price for Model 212 is $548.92, 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 $1,005.54 and the market price for Model 212 is $548.92, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.) Price per unit Cost per unit Profit (loss) per unit Model 145 Model 212