Sunland Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are require for production of a 50-gallon batch. 3,920 ounces of grape concentrate at $0.01 per ounce 54 pouds of granulated sugar at $0.55 per pound 60 lemons at $0.70 each 50 yeast tablets at $0.21 each 250 nutrient tablets at $0.11 each 1,600 ounces of water at $0.005 per ounce Sunland estimates that 2% 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, e.g. 1.25.) Standard Cost Per Gallon