Hank Itzek manufactures and selis homemade wine, and he wants to develog a standard cost per gallon. The following are required for production of a 50 -gallon batch. 2.400 ounces of grape concentrate at $0.05 per ounce 54 pounds of granulated sugar at $0.40 per pound 60 lemons at 50.60 each 100 yeast tablets at 50.26 each 250 nutrient tablets \$0.15 each 2.900 ounces of water at 50.005 per ounce Hank estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used. Compote the standard cost of the ingredients for one gailon of wine. fround intermediate calculations and final answer to 2 deainal ploces: e. 1.251 Standard Cost Per Gallon