Exercise 10 Vinnie's Vino makes wine from Butte County grapes and wants to use a standard cost system. Purchase price Purchase discount Cost to ship grapes to our plant Receiving & handling costs Material requirements, kilos of grapes Allowance for quality control (rejects) Allowance for spoilage & waste $5.00 per kilo 5% of purchase price $0.10 per kilo $0.20 per kilo 1 kilo per bottle 0.1 kilos per bottle 0.1 kilos per bottle kilos X What is the standard quantity of grapes for a bottle of wine? What is the standard cost for a kilo of grapes? What is the standard cost of grapes in a bottle of wine