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Edward's Pick - Me - Ups Inc. manufactures and sells a nutrition drink for children. The company wants to develop a standard cost per kilogram.
Edward's PickMeUps Inc. manufactures and sells a nutrition drink for children. The company wants to develop a standard cost per kilogram. The following are required for production of a litre batch:
grams of lime KoolDrink at $ per gram
grams of granulated sugar $ per gram
kiwi fruit at $ each
protein tablets at $ each
litres of mineral water at $ per litre
Edward's PickMeUps estimates that of the lime KoolDrink is wasted, of the sugar is lost, and of the kiwis cannot be used.
Calculate the standard cost of the ingredients for one litre of the nutrition drink. Round intermediate calculations and final answer to decimal places, eg
standard cost per litre
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