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3.4 Connect: Cases and Problems Assignment i Saved Help Save & Exit Subm Check my work 9 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 $ 66 10 Direct labor cost per unit 20 34 points Sales price per unit 359 566 Expected production per month 640 units 370 units Skipped Harbour has monthly overhead of $164,955, which is divided into the following cost pools: eBook Print Setup costs $ 74, 690 Quality control 53, 865 References Maintenance 36, 400 Total $164,955 The company has also compiled the following information about the chosen cost drivers: Home Work Total Number of setups 42 55 97 Number of inspections 340 325 665 Number of machine hours 1, 100 1,500 2,600 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: Mc Graw Hill3.4 Connect: Cases and Problems Assignment i Saved Help Save & Exit Submit Check my work amount.) C Overhead Assigned Home Model: 10 Work Model: points Total Overhead Cost Skipped eBook Print References 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 calculations and final answers to 2 decimal places.) Home Work Gross Margin Mc Graw 3.4 Connect: Cases and Problems Assignment i Saved Help Save & Exit Submit Check my work 9 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 10 Unit Cost points Skipped eBook Print 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.) References Home Work 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 Mc Prev 9 of 10 Next3.4 Connect: Cases and Problems Assignment i Saved Help Save & Exit Submit Check my work 9 5. Assuming an ABC system, assign overhead costs to each product based on activity demands. Overhead Assigned Overhead Assigned To Home To Work 10 points Setup Costs Quality Control Skipped Maintenance Total Overhead Cost $ o $ eBook Print References 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 Mc Graw Hill3.4 Connect: Cases and Problems Assignment i Saved Help Save & Exit Submit Check my work 9 Home Work Unit Cost 10 points Skipped eBook 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.) Print References Home Work Gross Margin 8. Compare the gross margin of each product under the traditional system and ABC. (Round your answers to 2 decimal places.) Home Work Gross Margin (Traditional) Gross Margin (ABC) Mc Graw
