Bright Day Company produces two beverages, Hi Voltage and EasySlim Data about these products follow Hi Voltage EasySlim Production volume 11,000 bottles 220,000 bottles Liquid materials 1,600 gallons 29,000 gallons Dry materials 1,020 pounds 13,000 pounds Bottles 11,000 bottles 220,000 bottles Labels 5 labels per bottle 1 label(s) per bottle Machine setups 700 setups 800 setups Machine hours 110 MH 3,750 MH Additional data from its two production departments follow Department Driver Cost Mixing department Liquid materials Gallons $ 1,530 Dry materials Pounds 4,907 Utilities Machine hours 1,930 Bottling department Bottles Units $ 115,500 Labeling Labels per bottle 13,750 Machine setup Setups 37,500 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 Req 1 to 2 Req3 Req 4 If Hi Voltage sells for $6 85 per bottle, how much profit does the company earn per bottle of Hi Voltage that it sells (Do not round intermediate calculations and round your final answers to 2 decimal places ) Hi Voltage Price per unit Cost per unit Profit (loss) per unit Req 1 to 2 Reg 3 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 Easy Slim Overhead Activity Overhead Expected Costs Activity driver Expected Activity Activity Rate Activity driver incurred assigned incurred assigned Mixing department Liquid materials Gallons Dry materials Pounds Utilities Machine hours Bottling department Bottles Bottles Labeling Labels Machine setup Setups Req 1 to 2 Req3 Reg 4 What is the minimum price that the company should set per bottle of Easy Slim What is the minimum price that the company should set per bottle of Easy Slim

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Posted on Jul 12, 2024

Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Hi-Voltage EasySlim Production volume 11,000 bottles 220,000 bottles Liquid materials 1,600

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

	Hi-Voltage		EasySlim
Production volume	11,000	bottles	220,000	bottles
Liquid materials	1,600	gallons	29,000	gallons
Dry materials	1,020	pounds	13,000	pounds
Bottles	11,000	bottles	220,000	bottles
Labels	5	labels per bottle	1	label(s) per bottle
Machine setups	700	setups	800	setups
Machine hours	110	MH	3,750	MH

Additional data from its two production departments follow.

Department	Driver	Cost
Mixing department
Liquid materials	Gallons	$	1,530
Dry materials	Pounds		4,907
Utilities	Machine hours		1,930
Bottling department
Bottles	Units	$	115,500
Labeling	Labels per bottle		13,750
Machine setup	Setups		37,500

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?

image text in transcribed

Req 1 to 2 Req3 Req 4 If Hi-Voltage sells for $6.85 per bottle, how much profit does the company earn per bottle of Hi-Voltage that it sells? (Do not round intermediate calculations and round your final answers to 2 decimal places.) Hi-Voltage Price per unit Cost per unit Profit (loss) per unit Req 1 to 2 Reg 3 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 Easy Slim Overhead Activity Overhead Expected Costs Activity driver Expected Activity Activity Rate Activity driver incurred assigned incurred assigned Mixing department Liquid materials Gallons Dry materials Pounds Utilities Machine hours Bottling department Bottles Bottles Labeling Labels Machine setup Setups Req 1 to 2 Req3 Reg 4 What is the minimum price that the company should set per bottle of Easy Slim? What is the minimum price that the company should set per bottle of Easy Slim?