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 price per unit Expected profiction per month Hone Herk $ 37 $ 71 19 39 369 581 650 units 320 units Harbour has monthly overhead of $198.955, which is divided into the following cost pools: Setup costs Quality control Maintenance Total 5 90,470 59,185 49300 5190,955 The company has also compiled the following information about the chosen cost drivers: umber of setups ber of inspections Number of machine hours 36 330 1,300 Work 73 335 1,600 Total 289 665 2,900 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.) Owhead Assigned Home Model Work Model Total Overhead Cost 2. Calculate the production cost per unit for each of Harbour's products under o traditional costing system. (Round your intermediate calculations and final answers to 2 decimal places.) Home Wood Unt Cost 3. Calculate Harbours gross margin per unit for each product under the traditional costing system. (Round your intermediate calculations and final answers to 2 decimal places.) Hom Work Qon Vange 4. Select the appropriate cost driver for each cost pool and calculate the activity rates of Harbour wanted to implement on ABC system Setup Costs Quality Control Marance 5. Assuming on ABC assign overhead costs to each product based on activity demands Overhead Assad 15 Home Overhead Assigned To Work Setup Costs Quality Control Mantece Total ad cost 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 Wor Unit Cost 7. Calculate Harbour's gross margin per unit for each product under on ABC system (Round your intermediate calculations and final answers to 2 decimal places.) Home Work Gross Marin 8. Compare the gross margin of each product under the traditional system and ABC (Round your answers to 2 decimal places.) Home Won Gross Margin (Traditional Gross Margin (ABC)