Question 1 of 20 -/5 ili View Policies Current Attempt in Progress Marigold Corp. manufactures and sells a nutrition drink for children. It wants to develop a standard cost per gallon. The following are required for production of a 100 gallon batch: 2,040 ounces of lime Kool-Drink at $.12 per ounce 48 pounds of powdered honey at $.60 per pound 71 kiwi fruit at $.50 each 100 protein tablets at $.90 each 4,800 ounces of water at $.003 per ounce Marigold estimates that 2% of the lime Kool-Drink is wasted, 20% of the powdered honey is lost, and 10% of the kiwis cannot be used. Compute the standard cost of the ingredients for one gallon of the nutrition drink. (Round intermediate calculations and final answer to 2 decimal places, e.g. 52.75.) Standard Cost per Gallon $ eTextbook and Media