Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Production volume Liquid materials Dry materials Bottles Labels Hi-Voltage 10,500 bottles 1,400 gallons 1,320 pounds 10,500 bottles 4 labels per bottle 900 setupa 130 MI: EasySlin 240,000 bottles 33,000 gallons 17,000 pounds 240,000 bottles 3 label(s) per bottle 750 setupa 3,300 MHI Machine setups Machine hours Additional data from its two production departments follow. Driver Cost Department Mixing department Liquid materials Dry materials Utilities Bottling department Bottles Labeling Machine setup Gallons Pounds Machine boura $ 2,408 11,908 2,401 Units Labels per bottle Setups $150,300 45,720 49,500 Required: 1& 2. Determine the cost of each product line using ABC. What is the cost per bottle for Hi-Voltage and Easy Slim? 3. If Hi-Voltage sells for $7.05 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 Easy Slim? Complete this question by entering your answers in the tabs below. Reg 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 EasySlim? (Do not round your intermediate calculations. Round "Activity Rate" and "Average cost per bottle' answers to 2 decimal places.) Hi-Voltage Activity driver incurred Easy Slim Activity driver Overhead incurred assigned Expected Costs Expected Activity Overhead assigned Activity Rate Gallons Activity Mixing department Liquid materials Dry materials Utilities Bottling department Bottles Labeling Machine setup Pounds Machine hours Bottles Labels Setups Reg 1 to 2 Req3 > Req 1 to 2 Req 3 Req 4 If Hi-Voltage sells for $7.05 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 Reg 1 to 2 Reg 3 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 EasySlim?