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 12,500 bottles 1,400 gallons 620 pounds 12,500 bottles 3 labels per bottle. 500 setups 2001H EasySlim 180,000 bottles 37,000 gallons 12,000 pounds 180,000 bottles) 1 label per bottle 300 setups 3,750 MH Additional data from its two production departments follow. Department Driver Cost Mixing department Liquid materials Dry materials Utilities Bottling department Gallons Pounds Machine hours $ 2,304 6,941 1,422 Bottles Units $77,000 Labeling Machine setup Labels per bottle Setups 6,525 20,000 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 $3.75 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? 4