Exercise 23-2 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 570-gallon batch 2,500 ounces of grape concentrate at $0.04 per ounce 1,083 pounds of granulated sugar at $0.55 per pound 1,026 lemons at $0.65 each 1,710 yeast tablets at $0.29 each 2,280 nutrient tablets at $0.14 each 2,800 ounces of water at $0.007 per ounce Hank estimates that 5% of the grape concentrate is wasted, 10% of the sugar is lost, and 28% 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 Gallions