Reference no: EM133176125

Question - Bridgeport Corp. manufactures and sells a nutrition drink for children. It wants to develop a standard cost per gallon. The following are required for production of a 100 gallon batch:

2,000 ounces of lime Kool-Drink at $.12 per ounce

44 pounds of powdered honey at $.60 per pound

67 kiwi fruit at $.50 each

100 protein tablets at $.90 each

4,400 ounces of water at $.003 per ounce

Bridgeport estimates that 2% of the lime Kool-Drink is wasted, 20% of the powdered honey is lost, and 10% of the kiwis cannot be used.

Required - Compute the standard cost of the ingredients for one gallon of the nutrition drink.