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2. Solve the equation 8+ In(16x) = 28 - In(x). Required information [The following information applies to the questions displayed below.) Bright Day Company

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2. Solve the equation 8+ In(16x) = 28 - In(x). Required information [The following information applies to the questions displayed below.) Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Production volume Liquid materials Dry materials Bottles Labels Hi-Voltage 10,000 bottles 1,600 gallons 1,020 pounds 10,000 bottles EasySlim 210,000 bottles 37,000 gallons 15,000 pounds 210,000 bottles bottle label(s) per 3 labels per bottle 2 Machine setups 1,100 setups 140 MH 400 setups 3,150 MH Machine hours Additional data from its two production departments follow. Department Mixing department Liquid materials Dry materials Utilities Driver Cost Gallons $ 3,088 Pounds 8,811 Machine hours 2,303 Bottles Units $66,000 Labeling Labels per bottle 18,000 Machine setup Setups 30,000 Bottling department Required: 1 & 2. Determine the cost of each product line using ABC. What is the cost per bottle for Hi-Voltage and EasySlim? 3. If Hi-Voltage sells for $7.45 per bottle, how much profit does the company earn per bottle of Hi-Voltage that it sells?

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