Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 15 of 18 - / 1 2 View Policies Current Attempt in Progress Sarasota Corp.manufactures and sells a nutrition drink for children. It wants

image text in transcribed

Question 15 of 18 - / 1 2 View Policies Current Attempt in Progress Sarasota 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: 2,110 ounces of lime Kool-Drink at $.12 per ounce 55 pounds of powdered honey at $.60 per pound 78 kiwi fruit at $.50 each 100 protein tablets at $.90 each 5,500 ounces of water at $.003 per ounce Sarasota 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 $ e Textbook and Media Save for Later Attempts: unlimited Submit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sustainability Accounting And Accountability

Authors: Matias Laine, Helen Tregidga, Jeffrey Unerman

3rd Edition

1032023104, 9781032023106

More Books

Students also viewed these Accounting questions

Question

This

Answered: 1 week ago