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Joe's Downtown Restaurant purchases domestic red wine at $9.20 per bottle. Each bottle contains 3 liters, the equivalent of 101 ounces. The wine is served
Joe's Downtown Restaurant purchases domestic red wine at $9.20 per bottle. Each bottle contains 3 liters, the equivalent of 101 ounces. The wine is served in 5-ounce glasses, and management allows for 1 ounce of spillage per 3-liter bottle. | |||
a. What is the average unit cost per drink? | |||
Usable ounces per bottle | |||
Unit portion | |||
Units per bottle | |||
Cost per bottle | |||
Units per bottle | |||
Cost per unit | |||
b. What is the total cost of 60 glasses of wine? | |||
Cost per unit | |||
Total units | |||
Total cost | |||
c. The banquet manager is planning a function for 120 persons for next Friday evening. Each guest will be given one glass of wine. How many bottles should be ordered for the party? | |||
Total units | |||
Units per bottle | |||
Total bottles | |||
d. What will be the unit cost of the wine? The total cost? | |||
Unit cost | |||
Total units | |||
Total cost |
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