Joseph Walsh manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 50-gallon batch.

1,980 ounces of grape concentrate at $0.01 per ounce

54 pounds of granulated sugar at $0.35 per pound

60 lemons at $0.60 each

50 yeast tablets at $0.20 each

50 nutrient tablets at $0.10 each

1,200 ounces of water at $0.005 per ounce

Joseph estimates that 1% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% 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