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 20-gallon batch.

3,100 ounces of grape concentrate at $0.08 per ounce

22 pounds of granulated sugar at $0.39 per pound

26 lemons at $0.68 each

100 yeast tablets at $0.29 each

80 nutrient tablets at $0.12 each

2,800 ounces of water at $0.007 per ounce

Hank estimates that 3% of the grape concentrate is wasted, 12% of the sugar is lost, and 31% 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