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Dulux Industries manufactures indoor paints for homes. The company plans to introduce a glossy paint variant where stains can be easily washed off with
Dulux Industries manufactures indoor paints for homes. The company plans to introduce a glossy paint variant where stains can be easily washed off with soap and water. The new paint is made by combining Chloric with a gloss solution (Numex) which will be heated to boiling point and thereafter, the colouring agent (Chroma) is added. The resulting paint will be packaged in 5 gallon containers. The initial mix, which is 6 gallons in volume, consists of 11 kilograms of Chloric and 5.4 gallons of Numex. A reduction in volume by 1 gallon happens during the heating process. The resulting paint solution is cooled slightly before 2 kilograms of Chrama are added. Chroma evaporates during further cooling so it does not affect the final liquid volume, The purchase prices of the raw.materials used in the manufacture of the new paint variant are as follows: Chloric S3.65 per kilogram Numex $1.70 per litre Chroma $2.75 per kilogram Determine the standard material cost of a 5 gallon container of the new paint for Dulux Industries
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