Return to a Problem 17.5A Pricing analysis with ABC and a plantwide overhead rate LO A1, A2, P1, P3 The following information applies to the questions displayed below) Part 2 of 2 Sara's Salsa Company produces its condiments in two types: Extra Fine for restaurant customers and Family Style for home use. Salsa is prepared in department 1 and packaged in department 2. The activities, overhead costs, and drivers associated with these two manufacturing processes and the company's production support activities follow Quantity 2.100 boints Department 1 Mixing Cooking Product testing 2,100 Department 2 Machine calibration Labeling Defects Overhead cost Driver $ 5,700 Machine hours 11,100 Machine hours 113,700 $ 130,500 $310,000 Production runs 18.000 Cases of output 6,000 Cases of output $330.000 Focus groups 42,000 Machine hours Container types $ 200.000 500 120,000 120,000 Support Recipe formulation Heat, lights, and water Materials handling 2,100 Additional production information about its two product lines follows. Extra Fine 32,000 cases 320 batches Family Style 88,000 cases 430 batches Units produced Batches Machine hours Focus groups Container types Production runs 230 runs 270 runs Additional production information about its two product lines follows Part 2 of 2 Units produced Batches Machine hours Focus groups Container types Production runs Extra Fine 32.000 cases 326 batches 850 MM 40 groups Family Style 88.000 cases 430 batches 1,250 MH 10 groups 3 containers 270 TS 230 runs points Problem 17-5A Part 5 5. If the market price is $17 per case of Extra Fine and $12 per case of Family Style, determine the gross profit per case for each product. (Round your intermediate calculations and final answers to 2 decimal places.) Answer is complete but not entirely correct. Extra Fine Loss Profit Family Style $ 0.88 Return to a Problem 17.5A Pricing analysis with ABC and a plantwide overhead rate LO A1, A2, P1, P3 The following information applies to the questions displayed below) Part 2 of 2 Sara's Salsa Company produces its condiments in two types: Extra Fine for restaurant customers and Family Style for home use. Salsa is prepared in department 1 and packaged in department 2. The activities, overhead costs, and drivers associated with these two manufacturing processes and the company's production support activities follow Quantity 2.100 boints Department 1 Mixing Cooking Product testing 2,100 Department 2 Machine calibration Labeling Defects Overhead cost Driver $ 5,700 Machine hours 11,100 Machine hours 113,700 $ 130,500 $310,000 Production runs 18.000 Cases of output 6,000 Cases of output $330.000 Focus groups 42,000 Machine hours Container types $ 200.000 500 120,000 120,000 Support Recipe formulation Heat, lights, and water Materials handling 2,100 Additional production information about its two product lines follows. Extra Fine 32,000 cases 320 batches Family Style 88,000 cases 430 batches Units produced Batches Machine hours Focus groups Container types Production runs 230 runs 270 runs Additional production information about its two product lines follows Part 2 of 2 Units produced Batches Machine hours Focus groups Container types Production runs Extra Fine 32.000 cases 326 batches 850 MM 40 groups Family Style 88.000 cases 430 batches 1,250 MH 10 groups 3 containers 270 TS 230 runs points Problem 17-5A Part 5 5. If the market price is $17 per case of Extra Fine and $12 per case of Family Style, determine the gross profit per case for each product. (Round your intermediate calculations and final answers to 2 decimal places.) Answer is complete but not entirely correct. Extra Fine Loss Profit Family Style $ 0.88