Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow.

	Hi-Voltage		EasySlim
Production volume	10,000	bottles	270,000	bottles
Liquid materials	1,200	gallons	29,000	gallons
Dry materials	1,420	pounds	6,000	pounds
Bottles	10,000	bottles	270,000	bottles
Labels	4	labels per bottle	2	label(s) per bottle
Machine setups	700	setups	250	setups
Machine hours	170	MH	3,450	MH

Additional data from its two production departments follow.

Department	Driver	Cost
Mixing department
Liquid materials	Gallons	$	2,416
Dry materials	Pounds		2,968
Utilities	Machine hours		724
Bottling department
Bottles	Units	$	140,000
Labeling	Labels per bottle		29,000
Machine setup	Setups		23,750

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 $7.55 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?