Question: Required: 1. Using ABC, compute the overhead cost per unit for each product line. (Round your intermediate calculations and round activity rate and cost per

 Required: 1. Using ABC, compute the overhead cost per unit foreach product line. (Round your intermediate calculations and round activity rate and

Required: 1. Using ABC, compute the overhead cost per unit for each product line. (Round your intermediate calculations and round activity rate and cost per unit answers to 2 decimal places.) Model 145 Model 212 Activity driver Overhead Activity driver Overhead assigned ivity Expected Costs Expected Activity Activity Rate incurred assigned incurred Changeover Machining Setups $ 390,550 378,737 113,700 730 Number of batches 8,110 Machine hours 60 Setups Finishing Welding Inspecting Rework $ 294,150 315,725 31,850 5,300 Welding hours 865 Inspections 130 Rework orders Support Purchasing $175,010 473 Purchase orders Providing space and utilities 156,240 8,400 Units Total overhead cost Total units produced Overhead cost per unit 2. Determine the total cost per unit for each product line if the direct labor and direct materials costs per unit are $220 for Model 145 and $122 for Model 212. (Round your final answers to 2 decimals places.) Model 145 Model 212 Materials and Labor per unit Overhead per unit Total cost per unit 3. If the market price for Model 145 is $531.40 and the market price for Model 212 is $298.50, determine the profit or loss per unit for each model. (Round your final answers to 2 decimals places.) Model 145 Model 212 Price per unit Cost per unit Profit (loss) per unit

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