Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Production volume Liquid materials Dry materials Bottles Labels Machine setups Machine

image text in transcribed

Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Production volume Liquid materials Dry materials Bottles Labels Machine setups Machine hours Hi-Voltage 12,eee bottles 2,280 gallons 720 pounds 12, eee bottles 3 labels per bottle 608 setups 190 MH EasySlim 248, eee bottles 29,eee gallons 17,eee pounds 248,eee bottles 2 label(s) per bottle 888 setups 3,380 MM Additional data from its two production departments follow. Driver Cost Pounds Department Mixing department Liquid materials Dry materials Utilities Bottling department Bottles Labeling Machine setup $ 2,184 7,088 1,047 Gallons Machine hours Units Labels per bottle Setups $126, eee 20,640 35,eee Required: 1& 2 Determine the cost of each product line using ABC. What is the cost per bottle for Hi-Voltage and Easy Slim? 3. If Hi-Voltage sells for $7.05 per bottle, how much profit does the company earn per bottle of Hi-Voltage that it sells? 4. What is the minimum price that the company should set per bottle of EasySlim? Complete this question by entering your answers in the tabs below. Req 1 to 2 1 2 Req3 Reg 4 Determine the cost of each product line using ABC. What is the cost per bottle for Hi-Voltage and Easy Slim? (Do not round your intermediate calculations. Round "Activity Rate" and "Average cost per bottle" answers to 2 decimal places.) Hi-Voltage Activity driver incurred Activity Expected Costs Expected Activity Activity Rate Overhead assigned Easy Slim Activity driver Overhead incurred assigned Gallons Pounds Machine hours Mixing department Liquid materials Dry materials Utilities Botting department Bottles Labeling Machine setup Bottles Labels Setups

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Commercial Printing IRS Audit Techniques Guide

Authors: Internal Revenue Service

1st Edition

1304133753, 978-1304133755

More Books

Students also viewed these Accounting questions

Question

1. What is the structure or organizational pattern of this letter?

Answered: 1 week ago

Question

please fill in the next three years

Answered: 1 week ago