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Steven Garcia manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a

image text in transcribed Steven Garcia manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 57-gallon batch. 3,420 ounces of grape concentrate at $0.06 per ounce 60 pounds of granulated sugar at $0.30 per pound 65 lemons at $0.60 each 57 yeast tablets at $0.25 each 57 nutrient tablets at $0.20 each 2,930 ounces of water at $0.005 per ounce Steven estimates that 5% of the grape concentrate is wasted, 12% of the sugar is lost, and 26% 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, e.g. 1.25.) Standard Cost Per Gallon $

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