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Sensational Soft Drinks makes three products: iced tea, soda, and lemonade. The following data are available! Sales price per unit Variable cost per unit Iced

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Sensational Soft Drinks makes three products: iced tea, soda, and lemonade. The following data are available! Sales price per unit Variable cost per unit Iced Tea $0.90 (0.30) $0.60 Soda $0.60 (0.15) $0.45 Lemonade $0.50 (0.10) $0.40 Contribution margin per unit Sensational is experiencing a bottleneck in one of its processes that affects each product as follows: Soda Lemonade Iced Tea 3 Bottleneck process hours per unit 3 a. Using a theory of constraints (TOC) approach, rank the products in terms of profitability 1. Iced Tea 2. Soda 3. Lemonade b. What price for lemonade would equate its profitability contribution margin per bottleneck hour) to that of soda? Round your answer to twe decimal places. $ 0.75

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