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 production per month Home $ 45 Work $ 67 22 366 30 578 650 units 430 units Harbour has monthly overhead of $186,020, which is divided into the following activity pools: Setup costs Quality control Maintenance Total $ 76,260 53,760 56,000 $ 186,020 The company also has compiled the following information about the chosen cost drivers: Number of setups Home 41 Number of inspections 320 Number of machine hours 1,200 Work 52 320 2,300 Total 93 640 3,500 Calculate the production cost per unit for each of Harbour's products under a traditional costing system. Note: Round your intermediate calculations and final answers to 2 decimal places. Home Work Unit Cost $ 165.12 $ 381.28 Calculate Harbour's gross margin per unit for each product under the traditional costing system. Note: Round your intermediate calculations and final answers to 2 decimal places. Home Work Gross Margin $ 200.88 $ 196.72 Select the appropriate cost driver for each activity pool and calculate the activity rates if Harbour wanted to implement an ABC system. Setup Costs Setups $ 820 Quality Control Inspections $ 84 Maintenance Machine Hours $ 16 Assuming an ABC system, assign overhead costs to each product based on activity demands. Overhead Setup Costs Quality Control Maintenance Total Overhead Cost Assigned Overhead Assigned To Home To Work $ 33,620 $ 42,640 $ 26,880 $ 26,880 $ 19,200 $ 36,800 FA $ 79,700 $ 106,320 Calculate the production cost per unit for each of Harbour's products in an ABC system. Note: Round your intermediate calculations and final answers to 2 decimal places. Unit Cost Home Work Calculate Harbour's gross margin per unit for each product under an ABC system. Note: Round your intermediate calculations and final answers to 2 decimal places. Home Work Gross Margin Compare the gross margin of each product under the traditional system and ABC. Note: Round your answers to 2 decimal places. Gross Margin (Traditional) Gross Margin (ABC) Home Work Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Suppose Harbour uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. Note: Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Overhead Assigned Home Model $ 63,778 Work Model 122,242 Total Overhead Cost $ 186,020