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

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Swifty Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 50 -gallon batch. 2,940 ounces of grope concentrate at $0.04 per ounce 54 pounds of granulated sugar at $050 per pound 60 lemons at $0.80 each 50 yeast tablets at $0.20 each 150 nutrient tablets at 5016 each 3,000 ounces of water at $0,005 per ounce Swifty estimates that 2% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the iemons cannot be used. Compute the standard cost of the Ingredients for one gallon of white. Round intermedlate calculations and final answer to 2 decimal ploces, es. 1.25.)

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