Your answer is incorrect Hank Itzek manufactures and sells homemade wine and he wants to develop a standard cost per gallon The

Question

Your answer is incorrect Hank 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 3 465 ounces of grape concentrate at 0 07 per ounce 54 pounds of granulated sugar at 0 40 per pound 60 lemons at 0 70 each 100 yeast tablets at 0 22 each 150 nutrient tablets at 0 14 each 2 600 ounces of water at 0 005 per ounce Hank estimates that 1 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 eg 1 25

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