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help me to identify why these have been marked wrong & provide the correct answer. thank you. Bright Day Company produces two beverages, Hi-Voltage and
help me to identify why these have been marked wrong & provide the correct answer. thank you. Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Production volume Liquid materials Dry materials Bottles Labels Machine setups Machine hours Hi-Voltage 11,000 bottles 1,600 gallons 1,320 pounds 11,000 bottles 5 labels per bottle 400 setups 170 MH EasySlim 230,000 bottles 27,000 gallons 6,000 pounds 230,000 bottles label(s) per bottle 900 setups 3,900 MH 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 hours $ 1,716 2,928 2,442 Units Labels per bottle Setups $72,300 5,700 32,500 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 $7.35 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? Req 1 to 2 Req3 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 to 2 decimal places.) Activity Expected Costs Expected Activity Activity Rate + Activity driver in Mixing department Liquid materials Dry materials Utilities 1,716 2,928 2,442 28,600 7,320 4,070 Gallons Pounds Machine hours 0.06 0.40 0.60 per gallon per pound per machine hour 0.30 Bottling department Bottles Labeling Machine setup 72,300241,000Bottles 5,700 6 Labels 32,500 1,300 Setups per bottle per label per setup 25.00 Total overhead cost Production volume bottles) Average cost per be Hi-Voltage and EasySlim? (Do not round your intermediate calculations. Round "Activity Rate" and "Average cost pe Hi-Voltage Easy Slim Activity Overhead driver assigned incurred Activity Rate Overhead assigned + Activity driver incurred $ 96 $ 0.06 0.40 0.60 per gallon per pound per machine hour 1,600 1,320 170 27,000 6,000 ,900 1,620 2,400 2,340 1023 0.30 11,000 3,300 69,000 per bottle per label per setup 230,000 2 900 25.00 400 $ $ Total overhead cost Production volume(bottles) Average cost per bottle 10,000 13,498 11,000 1.23 22,500 97,860 230,000 0.45 $ Reg 1 to 2 Reg 3 Reg 4 If Hi-Voltage sells for $7.35 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.) Price per unit Cost per unit Profit (loss) per unit Hi-Voltage 7.35 1.23 $ 9.04
help me to identify why these have been marked wrong & provide the correct answer. thank you.
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