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Harbour Company makes two models of electronic tablets, the Home and the Work Basic production Information follows Home Work $4268 21 38 Direct materials cost

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Harbour Company makes two models of electronic tablets, the Home and the Work Basic production Information follows Home Work $4268 21 38 Direct materials cost per unit Direct labor cost per unit Sales price per unit Expected production per month 361 572 670 units 470 units Harbour has monthly overhead of $175,865, which is divided into the following cost pools: Setup costs Quality control Maintenance Total $ 76,140 64,525 35. 200 $175,865 The company has also compiled the following information about the chosen cost drivers: Number of setups Number of inspections Number of machine hours Home 37 320 1,200 Work 57 45 2,000 Total 94 725 3,200 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 WIRCHope 1 Help Save & Exi Chec Number of machine hours 1,2ee2,eee 3,200 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 ances 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.) Home Work Unit Cost 3. Calculate Harbour's gross margin per unit for each product under the traditional costing system. (Round your intermediate Chee 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.) Home Work Gross Margin 4. Select the appropriate cost driver for each cost pool and calculate the activity raas if Harbour wanted to implement an ABC system. Setup Costs Quality Control Maintenance

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