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Table IV Gross Receipts From Wine Sales
1987 1988 1989 1990
.750-liter bottles:
Number of 6-oz. glasses/bottle1 3.35 3.35 3.35 3.35
Multiplied by number of bottles sold 23 25 60 143
Total glasses sold 77.05 83.75 201.00 479.05
Multiplied by $1.102 $1.10 $1.10 $1.10 $1.10
Gross receipts from .750-liter
bottles $84.76 $92.13 $221.10 $526.96
Liter bottles:
Number of 6-oz. glasses/bottle1 3.35 3.35 3.35 3.35
Multiplied by number of bottles sold 167 142 269 181
Total glasses sold 559.45 475.70 901.15 606.35
Multiplied by $1.102 $1.10 $1.10 $1.10 $1.10
Gross receipts from liter bottles $615.40 $523.27 $991.27 $666.99
1.5-liter bottles:3
Number of 6-oz. glasses/bottle1 6.70 6.70 6.70 6.70
Multiplied by number of bottles sold -0- 96 42 42
Total glasses sold -0- 643.20 281.40 281.40
Multiplied by $1.102 -0- $1.10 $1.10 $1.10
Gross receipts from 1.5-liter
bottles -0- $707.52 $309.54 $309.54
3-liter bottles:4
Number of 6-oz. glasses/bottle1 13.40 13.40 13.40 13.40
Multiplied by number of bottles sold 24 12 -0- -0-
Total glasses sold 321.60 160.80 -0- -0-
Multiplied by $1.102 $1.10 $1.10 -0- -0-
Gross receipts from 3-liter bottles $353.76 $176.88 -0- -0-
Total gross receipts from wine $1,053.92 $1,499.80 $1,521.91 $1,503.49
1The number of 6-oz. glasses per bottle was determined as follows:
..750-liter Liter 1.5-liter 3-liter
Ounces/bottle 25.13 33.50 50.26 100.52
Less: discretionary use allowance
(20% for .750-, 1.5-, and 3-liter
bottles, 40% for liter bottles) 5.03 13.40 10.05 20.10
Ounces sold/bottle 20.10 20.10 40.21 80.42
Divide by 6 oz. 6 6 6 6
Number of 6-oz. glasses/bottle 3.35 3.35 6.70 13.40
2$1.10 reflects the price per glass of wine.
3One 1.5-liter bottle is equivalent to two .750-liter bottles.
4One 3-liter bottle is equivalent to four .750-liter bottles.
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