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William Davis manufactures and sells homemade wine, and he wants to develop a standard cost per litre. The following are required for production of a

William Davis manufactures and sells homemade wine, and he wants to develop a standard cost
per litre. The following are required for production of a 200-litre batch:
84.00 litres of grape concentrate at $1.20 per litre
27.00 kg of granulated sugar at $0.60 per kilogram
64.00 lemons at $0.60 each
50.00 yeast tablets at $0.25 each
47.00 nutrient tablets at $0.20 each
70.00 litres of water at $0.10 per litre
William estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 20% 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 3 decimal places, e.g.1.251.)
Standard cost of the ingredients for one litre of wine

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