In: Accounting
6. The cost of the pouring brand of scotch is $0.58 per ounce, and the cost of club soda is $0.04 per ounce. Determine the cost of a scotch and soda from each of the following standard recipes.
a. 1 ounce of scotch and 6 ounces of club soda
b. 1 1/2 ounches of scotch and 7 ounces of club soda
c. 2 ounces of scotch and 6 ounces of club soda
7. In each of the examples in Question 6, determine sales price if the desired liqour cost percent is:
a. 20 percent
b. 25 percent
c. 18 percent
| 
 Rate per ounce  | 
 Case (a) cost  | 
 Case (b) cost  | 
 Case (c ) cost  | 
|
| 
 Cost of scotch  | 
 $ 0.58 [given]  | 
 $ 0.58 [1x0.58]  | 
 $ 0.87 [1.5x0.58]  | 
 $ 1.16 [2x0.58]  | 
| 
 Cost of club soda  | 
 $ 0.04 [given]  | 
 $ 0.24 [6x0.04]  | 
 $ 0.28 [7x0.04]  | 
 $ 0.24 [6x0.04]  | 
| 
 A  | 
 Total cost [Answer 6]  | 
 $ 0.82  | 
 $ 1.15  | 
 $ 1.40  | 
| 
 B=A/20%  | 
 Sales price if 20% [Answer 7]  | 
 $ 4.10  | 
 $ 5.75  | 
 $ 7.00  | 
| 
 C=A/25%  | 
 Sales price if 25% [Answer 7]  | 
 $ 3.28  | 
 $ 4.60  | 
 $ 5.60  | 
| 
 D=A/18%  | 
 Sales price if 18% [Answer 7]  | 
 $ 4.56  | 
 $ 6.39  | 
 $ 7.78  |