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Riverbed Corp. manufactures and sells a nutrition drink for children. It wants to develop a standard cost per gallon. The following are required for production
Riverbed 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 gallon batch:
ounces of lime KoolDrink at $ per ounce
pounds of powdered honey at $ per
ounces of water at $ per ounce
Riverbed estimates that of the lime KoolDrink is wasted, of the powdered honey is lost, and 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
decimal places, eg
Standard Cost per Gallon $
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