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 -eallon batch. 2,880 ounces of grape concentrate at $0.04 per ounce 54 pounds of granulated sugar at $0.55 per pound 60 lemons at \$0.85 each 250 yeast tablets at $0.29 each 50 nutrient tablets at s0.14 each 2,700 ounces of water at 50.005 per ounce Swifty estimates that 4% 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 intermediote calculations and final answer to 2 decimal places es. 1.25. Standard Cost Per Gallon