Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their 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. ProcessActivityOverhead CostDriverQuantity Components Changeover $500,000 Number of batches800 Machining 279,000 Machine hours6,000 Setups 225,000 Number of setups120 $1,004,000 Finishing Welding $180,300 Welding hours3,000 Inspecting 210,000 Number of inspections700 Rework 75,000 Rework orders300 $465,300 Support Purchasing $135,000 Purchase orders450 Providing space 32,000 Number of units5,000 Providing utilities 65,000 Number of units5,000 $232,000 Additional production information concerning its two product lines follows. Model 145Model 212 Units produced 1,500 3,500 Welding hours 800 2,200 Batches 400 400 Number of inspections 400 300 Machine hours 1,800 4,200 Setups 60 60 Rework orders 160 140 Purchase orders 300 1501. Using ABC, compute the overhead cost per unit for each product line. (Round your final answers to 2 decimals places.)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. (Round your final answers to 2 decimals places.)3. Assume 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 decimals places.)