In 2008. Fetzer Vineyards redesigned its botting process to use a more light-weight bote by reducing the thickness of the glass and removing the punt or indentation at the base of the bottle. The result was to reduce the weight of each wine bottle from a little over 23 ounces to 15 ounces for a 14% reduction in the amount of glass used per bottle. This reduced the overall glass usage by 2.188 tons in a year in which the company produced about 28 million bottles of wine. Reducing the weight of each bottle also reduced the amount of energy needed to produce the amount of fuel required to transport it throughout the supply chain, and the energy meded to an arraydee bottle ser consumption. The result was a 12% reduction in annual greenhouse gas emissions, or 2.906 tons of CO2 equivalents in the surely chain Dr. Ann Thrupp. Fetrer's sustainability manager in 2008, was quoted as saying "Lightweighting our bottle is a double bottom line innovation good for the environment and for efficient operations that support our goal of being a sustainable business www.subas.com.tr bome wows) Required: Compute the annual savings in direct materials costas assuming a price of 60 per ton of glass Annual Direct Material Cont In 2008. Fetzer Vineyards redesigned its botting process to use a more light-weight bote by reducing the thickness of the glass and removing the punt or indentation at the base of the bottle. The result was to reduce the weight of each wine bottle from a little over 23 ounces to 15 ounces for a 14% reduction in the amount of glass used per bottle. This reduced the overall glass usage by 2.188 tons in a year in which the company produced about 28 million bottles of wine. Reducing the weight of each bottle also reduced the amount of energy needed to produce the amount of fuel required to transport it throughout the supply chain, and the energy meded to an arraydee bottle ser consumption. The result was a 12% reduction in annual greenhouse gas emissions, or 2.906 tons of CO2 equivalents in the surely chain Dr. Ann Thrupp. Fetrer's sustainability manager in 2008, was quoted as saying "Lightweighting our bottle is a double bottom line innovation good for the environment and for efficient operations that support our goal of being a sustainable business www.subas.com.tr bome wows) Required: Compute the annual savings in direct materials costas assuming a price of 60 per ton of glass Annual Direct Material Cont