libri (Body) v 11 ' ' 1.) Using Smart's current costing system, calculate the gross margin per unit for Model M-11 and for Model R- 24. Assume no beginning or ending Inventory. Show your calculations. Check numbers: Model M-11 Gross Margin per unit = $30. Model R-24 Gross Margin per unit = $20. Hint: First, calculate the plantwide rate and show the formula and your calculations. Subsequent to calculating the Gross Margins, discuss the calculations you made, and why - what are you trying to show here? Model M-11: Calculate the overhead cost allocated (per unit): Insert Header Insert Header Total Insert Header Gross margin per unit Model R-24: Calculate the overhead cost allocated (per unit): Total Insert Header Insert Header Insert Header Gross margin per unit 1009 + libri (Body) v 11 ' ' 1.) Using Smart's current costing system, calculate the gross margin per unit for Model M-11 and for Model R- 24. Assume no beginning or ending Inventory. Show your calculations. Check numbers: Model M-11 Gross Margin per unit = $30. Model R-24 Gross Margin per unit = $20. Hint: First, calculate the plantwide rate and show the formula and your calculations. Subsequent to calculating the Gross Margins, discuss the calculations you made, and why - what are you trying to show here? Model M-11: Calculate the overhead cost allocated (per unit): Insert Header Insert Header Total Insert Header Gross margin per unit Model R-24: Calculate the overhead cost allocated (per unit): Total Insert Header Insert Header Insert Header Gross margin per unit 1009 +