Question 4:

Under the required 2 tab: 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 $122 for Model 212. (Round your final answers to 2 decimal places.)

Under the required 3 tab: If the market price for Model 145 is $710.99 and the market price for Model 212 is $377.51, determine the profit or loss per unit for each model. (Round your final answers to 2 decimal places.)

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 870 8,280 80 Finishing Welding Inspecting Rework Overhead Cost $ 491,550 389,988 146,000 $1,027,538 $ 330, 120 349,575 33,600 713, 295 $ 178, 200 30,700 88,370 $ 297,270 Welding hours Number of inspections Rework orders 6,300 885 160 Support Purchasing Providing space Providing utilities Purchase orders Number of units Number of units 495 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 2,600 435 495 2,950 40 90 330 Model 212 4,200 3,700 435 390 5,330 40 70 165 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 $122 for Model 212. 3. If the market price for Model 145 is $710.99 and the market price for Model 212 is $377.51, 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.) Activity Expected Costs Expected Activity Activity Rate $ 870 Number of batches 491,550 389,988 8,280 Machine hours Components Changeover Machining Setups Finishing Welding Inspecting 146,000 80 Setups $ 330,120 349,575 6,300 Welding hours 885 Inspections 160 Rework orders Rework 33,600 Support Purchasing Providing space and utilities 495 Purchase orders 178,200 119,070 6,300 Units Total overhead cost Total units produced Overhead cost per unit Model 145 Activity driver Overhead incurred assigned Model 212 Activity driver Overhead incurred assigned 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 dir 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 1 Required 2 Required 3 If the market price for Model 145 is $710.99 and the market price for Model 212 is Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit