Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: 4. Select the appropriate cost driver for each cost pool and calculate the activity rates if Harbour wanted to implement an ARC system Home $ 37 Work $ 67 23 37 Direct materials cost per unit Direct labor cost per unit Sales price per unit Expected production per month Setup Costs Quality Control Maintenance 355 567 720 units 490 units Harbour has monthly overhead of $191,265, which is divided into the following cost pools: Setup costs $ 85,140 Quality control 56,525 Maintenance 49,600 Total $191,265 5. Assuming an ABC system, assign overhead costs to each product based on activity demands. Overhead Assigned To Home The company has also compiled the following information about the chosen cost drivers Overhead Assigned To Work Home Work Total 44 55 99 Number of setups Number of inspections Number of machine hours Setup Costs Quality Control Maintenance Total Overhead Cost 340 325 665 1,700 1,400 3,100 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 6. Calculate the production cost per unit for each of Harbour's products in an ABC system. (Round your intermediate calculations and final answers to 2 decimal places.) Home Model: Work Model: Total Overhead Cost Home Work Unit 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 7. Calculate Harbour's gross margin per unit for cach pracuct under an ABC system. (Round your intermediate calculations and final answers to 2 decimal places.) Home Work Gross Margin 3. Calculate Harbour's gross margin per unit for each product under the traditional costing system. (Round your intermediate calculations and final answers to 2 decimal places.) 8. Compare the gross margin of each product under the treditional system and ABC. (Round your answers to 2 decimal places.) Home Work Home Work Gross Margin Gross Margin (Traditional) Gross Margin (ABC)