Answered step by step
Verified Expert Solution
Question
1 Approved Answer
(The following information applies to the questions displayed below! Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Hi-Voltage Production
(The following information applies to the questions displayed below! Bright Day Company produces two beverages, Hi-Voltage and EasySlim. Data about these products follow. Hi-Voltage Production volume 10,000 bottles Liquid materials 1,400 gallons Dry materials 620 pounds Bottles 10, eee bottles Labels 4 labels per bottle Machine setups 1,100 setups Machine hours 110 MH EasySlim 260,000 bottles 29, eee gallons 16,000 pounds 260, eee bottles label(s) per bottle 858 setups 3,750 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 11,634 2,316 Units Labels per bottle Setups $54,000 12,000 29,250 Required information 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 $6.65 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 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 "Acti- to 2 decimal places.) H-Voltage Activity Expected Costs Expected Activity Activity Rate Activity driver incurred Overhead assigned Activity drive incurred Moxing department Liquid materials Dry materials Gallons Pounds Machine hours Ubates Bottling department Bottles Labeling Bottles Labels Setups Machine setup Required information 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 $6.65 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 SIF HI-Voltage sells for $6.65 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
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started