Peters Pick-Me-Ups 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 10-litre batch:

70 grams of lime Kool-Drink at $0.07 per gram

5 grams of granulated sugar $0.24 per gram

12 kiwi fruit at $0.70 each

30 protein tablets at $0.80 each

9 litres of mineral water at $0.05 per litre

Peters Pick-Me-Ups estimates that 3% of the lime Kool-Drink is wasted, 10% of the sugar is lost, and 5% of the kiwis cannot be used.

Instructions 10 MARKS

Calculate the standard cost of the ingredients for one litre of the nutrition drink.