Chris Jackson manufactures and sells homemade wine, and he wants to develop a standard cost per litre. The following are required for production of a 150-litre batch:
72.00 litres of grape concentrate at $1.35 per litre
20.25 kg of granulated sugar at $0.60 per kilogram
43.50 lemons at $0.60 each
37.50 yeast tablets at $0.25 each
37.50 nutrient tablets at $0.20 each
54.75 litres of water at $0.10 per litre
Chris 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, eg. 1.251)
Standard cost of the ingredients for one litre of wine $_____