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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

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 160-gallon batch.

3,500 ounces of grape concentrate at $0.06 per ounce
240 pounds of granulated sugar at $0.35 per pound
224 lemons at $0.88 each
320 yeast tablets at $0.27 each
320 nutrient tablets at $0.17 each
1,800 ounces of water at $0.005 per ounce

Hank estimates that 6% of the grape concentrate is wasted, 16% of the sugar is lost, and 29% 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.)

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