Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the answr is not $5.01 Coronado ltzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are

the answr is not $5.01 image text in transcribed
Coronado ltzek 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. 3,360 ounces of grape concentrate at $0.02 per ounce 54 pounds of granulated sugar at $0.55 per pound 60 lemons at 50.90 each 150 yeast tablets at $0.26 each 250 nutrient tablets at 5014 each 2.400 ounces of water at $0.005 per ounce Coronado estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used. Compote the standard cost of the ingredients for one gallon of wine, (Round intermedlate calculations and final answer to 2 decimal ploces, es. 1.25. Standard Cost Per Galton

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quality Auditing A Tool For Excellence

Authors: David Mills, J. Mills

1st Edition

041245890X, 978-0412458903

More Books

Students also viewed these Accounting questions