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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.
Question: 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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