Question 1 of 6 < View Policies Current Attempt in Progress -/1 E 1 Hank Itzek manufactures and Tells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 50-gallon batch 3,000 ounces of grape concentrate at $0.06 per ounce 54 pounds of granulated sugar at $0.30 per pound 60 lemons at $0.60 each 50 yeast tablets at $0.25 each 50 nutrient tablets at $0.20 each 2,600 ounces of water at $0.005 per ounce Hank estimates that 4% 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, eg 1.25) Standard Cost Per Gallon eTextbook and Media Save for Later Attempts: 0 of 6 used Submit Answer