pls help with this problem & all its required parts.
Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows: Direct materials cont per unit Direct labor cost per unit Sales price per unit Expected production per month Home Work $ 41 $ 66 22 31 362 574 680 units 400 units Harbour has monthly overhead of $197,560, which is divided into the following cost pools: Setup costs Quality control Maintenance Total $ 86,400 56,760 54,400 $197,560 The company has also compiled the following information about the chosen cost drivers: Home Work Total Number of setups 38 70 108 Number of inspections 330 315 645 Number of machine hours 1,000 2,400 3,400 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 doll amount.) Overhead Assigned Home Model: Work Model: Total Overhead Cost $ 0 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 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 5. Assuming an ABC system, assign overhead costs to each product based on activity demands. Overhead Assigned To Home Overhead Assigned To Work Setup Costs Quality Control Maintenance Total Overhead Cost $ 0 $ 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 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 Cout 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 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)
