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Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows Direct materials cost per unit Direct labor cost
Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows Direct materials cost per unit Direct labor cost per unit Sales Expected production per month Home Work S 37 S 67 30 585 360 600 units 310 units price per unit Harbour has monthly overhead of $187,860, which is divided into the following cost pools: $ 92,020 55,040 40,800 $187,860 Setup costs Quality control Total The company has also compiled the following information about the chosen cost drivers: Number of setups Number of inspections Number of machine hours Home Work Total 63 300 340 640 1,300 2,100 3,400 107 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. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Overhead Assigned Home Model: Work Model: Total Ov Cost 2. Calculate the production cost per unit for each of Harbour's products under a traditional costing system. (Round your intermediate calculations and final answers to 2 decimal places.) Home Work Unit Cost
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