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 170-gallon batch. 2,800 ounces of grape concentrate at $0.04 per ounce 323 pounds of granulated sugar at $0.47 per pound 238 lemons at $0.71 each 340 yeast tablets at $0.26 each 850 nutrient tablets at $0.10 each 2,700 ounces of water at $0.005 per ounce Hank estimates that 1% of the grape concentrate is wasted, 16% of the sugar is lost, and 26% 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=_________________