Ch 11 Homework Question 2 of 6 View Policies Current Attempt in Progress -/2 ! Swifty 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. 3,465 ounces of grape concentrate at $0.03 per ounce 54 pounds of granulated sugar at $0.35 per pound 60 lemons at $0.65 each 200 yeast tablets at $0.28 each 250 nutrient tablets at $0.11 each 3,100 ounces of water at $0.005 per ounce Swifty estimates that 1% 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 $