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 18 Hi-Voltage 11,500 bottles 1,600 gallons 1,220 pounds 11,500 bottles 4 labels per bottle 900 setups 160 MH EasySlim 220,000 bottles 25,000 gallons 8,000 pounds 220,000 bottles 3 label(s) per bottle 350 setups 3,600 MH Additional data from its two production departments follow. Department Mixing department Liquid materials Dry materials Utilities Driver Cost Gallons $ 2,128 Pounds 5,532 Machine hours 1,128 Bottles Units $138,900 Labeling Labels per bottle. 35,300 Machine setup Setups 37,500 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 $6.85 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?