Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: Home Work Direct materials cost per unit $ 41 $ 63 Direct labor cost per unit 24 37 Sales price per unit 359 577 Expected production per month 690 units 340 units Harbour has monthly overhead of $191,055, which is divided into the following cost pools: Setup costs $ 90, 950 Quality control 63, 705 Maintenance 36, 400 Total $191, 055 The company has also compiled the following information about the chosen cost drivers: Home Work Total Number of setups 35 72 107 Number of inspections 340 345 685 Number of machine hours 1, 200 1, 600 2, 800 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 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.) 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.) (3 rues Margin 4. Select the appropriate cost driver for each cost pool and calculate the activity rates if Harbour wanted to implement an ABC system; Quality Control Maintenance 5. Assuming an ABC system, assign overhead costs to each product based on activity demands. Overhead Assigned Overhead Assigned To Home To Work Setup Costs Quality Control Maintenance Total Overhead Cost $ 0 $ 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 Work 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.) Home Work Margin8. Compare the gross margin of each product under the traditional system and ABC. {Round your answers to 2 decimal places.} Gross Margin (Traditional) Gross Margin (ABC)