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ABC SAOG manufactures and sells cough syrup and they want to develop a standard cost per gallon. The following required for the production of a
ABC SAOG manufactures and sells cough syrup and they want to develop a standard cost per gallon. The following required for the production of a 50-gallon batch. 3,000 ounces of grape concentrate at 0.06 OMR per ounce 54 pounds of granulated sugar at 0.300 OMR per ounce 60 lemons at 0.60 each 50 tablets at 0.250 each 50 nutrient pills at 0.200 each 2600 ounces of water at 0.005 OMR per ounce ABC estimated that 4% 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 syrup
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