37) Kingbird has a standard of 1.5 pounds of materials per unit, at $6 per pound. In producing 1500 units, Kingbird used 2600 pounds of materials at a total cost of $15210. Kingbird's total variance is

$1710 U.

$1575 F.

1) Hank Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 50-gallon batch.

3,800 ounces of grape concentrate at $0.07 per ounce

54 pounds of granulated sugar at $0.45 per pound

60 lemons at $0.70 each

150 yeast tablets at $0.28 each

200 nutrient tablets at $0.17 each

1,900 ounces of water at $0.005 per ounce

Hank estimates that 5% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used. Compute the standard cost of the ingredients for one gallon of wine. (Round intermediate calculations and final answer to 2 decimal places, e.g. 1.25.)

Standard Cost Per Gallon

$

$390 U.

$2100 U.