Matthew Young manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 63-gallon batch. 3,780 ounces of grape concentrate at $0.05 per ounce 66 pounds of granulated sugar at $0.30 per pound 71 lemons at $0.60 each 63 yeast tablets at $0.25 each 63 nutrient tablets at $0.20 each 3,230 ounces of water at $0.005 per ounce lemons Matthew nates that 5% of the grape concentrate is wasted, 12% of the sugar is lost, and 26% 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 $ Matthew Young manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 63-gallon batch. 3,780 ounces of grape concentrate at $0.05 per ounce 66 pounds of granulated sugar at $0.30 per pound 71 lemons at $0.60 each 63 yeast tablets at $0.25 each 63 nutrient tablets at $0.20 each 3,230 ounces of water at $0.005 per ounce lemons Matthew nates that 5% of the grape concentrate is wasted, 12% of the sugar is lost, and 26% 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 $