right 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 10,000 bottles 1,600 gallons 1,420 pounds 10,000 bottles 4 labels per bottle 1,200 setups 120 MH EasySlim 200,000 bottles 25,000 gallons 12,000 pounds 200,000 bottles 2 label(s) per bottle 650 setups 4,200 MH dditional 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 8,723 2,592 Units Labels per bottle Setups $84,000 17,600 46,250 'equired: & 2. Determine the cost of each product line using ABC. What is the cost per bottle for Hi-Voltage and Easy Slim? . If Hi-Voltage sells for $7.35 per bottle, how much profit does the company earn per bottle of Hi-Voltage that it sells? . What is the minimum price that the company should set per bottle of Easy Slim? Complete this question by entering your answers in the tabs below. Req 1 to 2 Reg 3 Reg 4 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 " to 2 decimal places) HI-Voltage Activity driver incurred Activity Expected Costs Expected Activity Activity Rate Overhead assigned Easyim Activity driver Overhead Incurred assigned Galons Pounds Machine hours Macing department Liquid materials Dry materials Utilities Bottling department Bottes Labeling Machine setup Bottles Labels Setups Rento Req3 > LdUning Machine setup Labels per bottle Setups 17,600 46,250 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? Complete this question by entering your answers in the tabs below. 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.) Hi-Voltage Price per unit Cost per unit Profit (loss) per unit 40,250 Required: 1 & 2. Determine the cost of each product line using ABC. What is the cost per bottle for Hi-Voltage and Easy 3. If Hi-Voltage sells for $7.35 per bottle, how much profit does the company earn per bottle of Hi-Voltage that 4. What is the minimum price that the company should set per bottle of EasySlim? Complete this question by entering your answers in the tabs below. Req 1 to 2 Reg 3 Reg 4 What is the minimum price that the company should set per bottle of EasySlim? What is the minimum price that the company should set per bottle of Easy Slim?
