Lakeway Manufacturing Co. manufactures and sells household cleaning products. The company's research department has developed a new cleaner for which a standard cost must be determined. The new cleaner is made by mixing 13 quarts of triphate solution and 3 pounds of sobase granules and boiling the mixture for several minutes. After the solution has cooled, 3 ounces of methage are added. This "recipe" produces 7 quarts of the cleaner, which is then packaged in 1-quart plastic dispenser bottles. Raw material costs are as follows: Triphate solution Sobase granules Methage Bottle $0.44 per quart 0.62 per pound 1.01 per ounce 0.20 each Exercise 14-16 (Algo) Part a Required: a. Using the preceding data, calculate the raw material cost for one bottle of the new cleaner. (Do not round intermediate calculations. Round final answer to 3 decimal places.) Cost per bottle