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Steven Lewis manufactures and sells homemade wine, and he wants to develop a standard cost per litre. The following are required for production of a
Steven Lewis manufactures and sells homemade wine, and he wants to develop a standard cost per litre. The following are required for
production of a litre batch:
litres of grape concentrate at $ per litre
of granulated sugar at $ per kilogram
lemons at $ each
yeast tablets at $ each
nutrient tablets at $ each
litres of water at $ per litre
Steven estimates that of the grape concentrate is wasted, of the sugar is lost, and of the lemons cannot be used.
Calculate the standard cost of the ingredients for one litre of wine. Round intermediate calculations and final answer to decimal places,
eg
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