Joe's Downtown Restaurant purchases domestic red wine for $9.20 per bottle. Each bottle contains 3 liters, the equivalent of 101 ounces. Wine is served in 5-ounce glasses and handling allows for 1-ounce spillage per 3-liter bottle.

 Required

a. What is the average unit cost per drink? 

b. What is the total cost of 60 glasses of wine? 

C. The banquet manager is planning a function for 120 people for the coming Friday night. Each guest will receive a glass of wine. How many bottles should be ordered for the party?

d. What will be the unit cost of the wine? The total cost?

Answer rating: 100% (QA)

a The cost per ounce of wine can be calculated as follows Cost per ounce Cost per bottle Number of o... View the full answer