Bonita Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of 350 -gallon batch. 2,880 ounces of grape concentrate at 50.04 per ounce 54 pounds of nranulated sugar at $0.45 per pound QO lemons at 50.80 each 250 yeast tablets at $0.24 each 250 nutrient tablets at $0.14 each 2.500 ounces of water at $0.005 per ounce Bonita estimates 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 wine. (Round intermedlate calculations and final answer to 2 decimal plocex e. 1.25. Standard Cost Per Gallon 5