Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Hi-Voltage EasySlim Production volume 10,000 bottles 210,000 bottles Liquid materials 1,400 gallons 33,000 gallons Dry materials 1,420 pounds 18,000 pounds Bottles 10,000 bottles 210,000 bottles Labels 5 labels per bottle 1 label(s) per bottle Machine setups 600 setups 750 setups Machine hours 190 MH 3,600 MH Additional data from its two production departments follow. Department Driver Cost Mixing department Liquid materials Gallons $ 2,752 Dry materials Pounds 6,797 Utilities Machine hours 1,516 Bottling department Bottles Units $ 66,000 Labeling Labels per bottle 15,600 Machine setup Setups 33,750 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? Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Hi-Voltage EasySlim Production volume 10,000 bottles 210,000 bottles Liquid materials 1,400 gallons 33,000 gallons Dry materials 1,420 pounds 18,000 pounds Bottles 10,000 bottles 210,000 bottles Labels 5 labels per bottle 1 label(s) per bottle Machine setups 600 setups 750 setups Machine hours 190 MH 3,600 MH Additional data from its two production departments follow. Department Driver Cost Mixing department Liquid materials Gallons $ 2,752 Dry materials Pounds 6,797 Utilities Machine hours 1,516 Bottling department Bottles Units $ 66,000 Labeling Labels per bottle 15,600 Machine setup Setups 33,750 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? Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Hi-Voltage EasySlim Production volume 10,000 bottles 210,000 bottles Liquid materials 1,400 gallons 33,000 gallons Dry materials 1,420 pounds 18,000 pounds Bottles 10,000 bottles 210,000 bottles Labels 5 labels per bottle 1 label(s) per bottle Machine setups 600 setups 750 setups Machine hours 190 MH 3,600 MH Additional data from its two production departments follow. Department Driver Cost Mixing department Liquid materials Gallons $ 2,752 Dry materials Pounds 6,797 Utilities Machine hours 1,516 Bottling department Bottles Units $ 66,000 Labeling Labels per bottle 15,600 Mac