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Calculate raw material cost for one bottle of new cleaner

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Question - Lakeway Manufacturing Co. manufactures and sells household cleaning products. The company's research department has developed a new cleaner for which a standard cost must be determined. The new cleaner is made by mixing 14 quarts of triphate solution and 3 pounds of sobase granules and boiling the mixture for several minutes. After the solution has cooled, 2 ounces of methage are added. This "recipe" produces 12 quarts of the cleaner, which is then packaged in 1-quart plastic dispenser bottles. Raw material costs are as follows:

Triphate solution $0.42 per quart Sobase granules 0.91 per pound Methage 1.01 per ounce Bottle 0.13 each

Required - Using the preceding data, calculate the raw material cost for one bottle of the new cleaner.

Reference no: EM132771052

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