Required information [The following information applies to the questions displayed below.) Bright Day Company produces two beverages, Hi-Voltage and Easy Slim. Data about these products follow. Production volume Liquid materials Dry materials Bottles Labels Machine setups Machine hours Hi-Voltage 11,500 bottles 1,600 gallons 920 pounds 11,500 bottles 5 labels per bottle 800 setups 140 MH EasySlim 220,000 bottles 25,000 gallons 8,000 pounds 220,000 bottles 2 label(s) per bottle 500 setups 4,050 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 $ 2,128 2,676 2,514 Units Labels per bottle Setups $92,600 24,875 26,000 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 $7.25 per bottle, how much profit does the company earn per bottle of Hi-Voltage that it sells? Complete this question by entering your answers in the tabs below. 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 $7.25 per bottle, how much profit does the company earn per bottle of Hi-Voltage that it sells? Complete this question by entering your answers in the tabs below. Req 1 to 2 Reg 3 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 Activity driver incurred Easy Slim Activity driver Overhead incurred assigned Expected Costs Expected Activity Activity Rate Overhead assigned 1,600 25,000 Activity Mixing department Liquid materials Dry materials Utilities Bottling department Bottles Labeling Machine setup 26,600 Gallons Pounds Machine hours 11,500 220,000 231,500 Bottles Labels Setups $ 20.00 $ 800 Total overhead cost Production volume bottles) Average cost per bottle 16,000 16,000 11,500 220.000 Reg 1 to2 Req3 > 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 $7.25 per bottle, how much profit does the company earn per bottle of Hi-Voltage that it sells? Complete this question by entering your answers in the tabs below. Req 1 to 2 Reg 3 If Hi-Voltage sells for $7.25 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
