Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: Work $ 65 Home $ 36 19 369 Direct materials cost per unit Direct labor cost per unit Sales price per unit Expected production per month 39 572 320 units 740 units Harbour has monthly overhead of $190,560, which is divided into the following cost pools: Setup costs Quality control Maintenance $ 79,380 67,680 43,500 Total $190,560 The company has also compiled the following information about the chosen cost drivers: Home Work Total 98 705 1,000 1,9002,900 Number of setups Number of inspections Number of machine hours 57 365 340 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.) Overhead Assigned Home Model: Work Model: Total Overhead 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.) Work Home Unit Cost 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.) Work Home Gross Margin 4. Select the appropriate cost driver for each cost pool and calculate the activity rates if Harbour wanted to implement an ABC system. Setup Costs Quality Control Maintenance 5. Assuming an ABC system, assign overhead costs to each product based on activity demands. Overhead Assigned Overhead Assigned To Work To Home Setup Costs Quality Control Maintenance Total Overhead Cost 6. Calculate the production cost per unit for each of Harbour's products in an ABC system. (Round you intermediate calculations and final answers to 2 decimal places.) Work Home Unit Cost 7. Calculate Harbour's gross margin per unit for each product under an ABC system. (Round your intermediate calculations and final answers to 2 decimal places.) Work Home Gross Margin 8. Compare the gross margin of each product under the traditional system and ABC. (Round your answers to 2 decimal places.) Work Home Gross Margin (Traditional) Gross Margin (ABC)