Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Hi-Voltage EasySlim Production volume 11,000 bottles 200,000 bottles Liquid materials 1,000 gallons 31,000 gallons Dry materials 1,220 pounds 5,000 pounds Bottles 11,000 bottles 200,000 bottles Labels 3 labels per bottle 1 label(s) per bottle Machine setups 1,100 setups 900 setups Machine hours 110 MH 3,600 MH Additional data from its two production departments follow. Department Driver Cost Mixing department Liquid materials Gallons $ 1,920 Dry materials Pounds 1,555 Utilities Machine hours 1,484 Bottling department Bottles Units $ 126,600 Labeling Labels per bottle 9,320 Machine setup Setups 50,000 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 $6.95 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?