Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
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 9,500 bottles see gallons 1,420 pounds 9,500 bottles 4 labels per bottle 400 setups 140 MH EasySlim 280,000 bottles 35,000 gallons 18 , pounds 280,000 bottles 3 label(s) per bottle 350 setups 3,600 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 $ 2,506 13,594 1,878 Units Labels per bottle Setups $57,900 35,120 22,500 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 $5.95 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 inte to 2 decimal places.) Hi-V Activity Activity driver incu Expected Costs Expected Activity Activity Rate Mixing department Liquid materials Dry materials Utilities Bottling department Gallons Pounds Machine hours What is the cost per bottle for Hi-Voltage and EasySlim? E does the company earn per bottle of Hi-Voltage that it sells? the tabs below is the cost per bottle for Hi-Voltage and Easy Slim? (Do not round your intermediate calculations. Round "Activity Rate" and "Avera Hi-Voltage Easy Slim Activity driver Overhead incurred assigned Overhead assigne+ d Activity Activity Rate Activity driver incurred illons yunds achine hours Expected Costs Expected Activity Activity Rate Activity Mixing department Liquid materials Dry materials Utilities Bottling department Bottles Labeling Machine setup Gallons Pounds Machine hours Bottles Labels Setups Reg 1 to 2 Ered information Hi Veltage EasySiim Activity driver Overhead incurred assioned Activity flate Overhead assigned Activity driver incurred Reg Check my wo 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 $5.95 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. Reg 1 to 2 Reg 3 If Hi-Voltage sells for $5.95 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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions