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Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: Home Work $ 48 30 $30 20 Direct

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Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: Home Work $ 48 30 $30 20 Direct materials cost per unit Direct labor cost per unit Sales price per unit Expected production per month 300 500 700 units 400 units Harbour has monthly overhead of $175,200, which is divided into the following cost pools: Setup costs Quality control Maintenance 68,800 58,400 48,000 $175,200 Total The company has also compiled the following information about the chosen cost drivers: Home 42 Work Total 100 Number of setups Number of inspections Number 58 3 1,700 1,300 3,000 Required 1. Suppose Harbour uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. (D round your final answers to the nearest whole dollar amount.) Overhead Assigned Home Model: 99,280 Work Model: $ 75,920 Total Overhead Cost $ 175,200 2. Calculate the production cost per unit for each of Harbour's products under a traditional costing system. (Round your intermediate calculations and final ans Home Work Unit Cost 6. Calculate the production cost per unit for each of Harbour's products in an ABC system. (Round your intermediate calculations and final an Home Work Unit Cost This is a numeric cell, so please enter numbers only 7. Calculate Harbour's gross margin per unit for each product under an ABC system. (Round your intermediate calculations and final answers Home Work Gross Margin 131.01 192.24 8. Compare the gross margin of each product under the traditional system and ABC. (Round your answers to 2 decimal places.) Home Work Gross Margin (Traditional) Gross Margin (ABC)

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