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Hank estimates that 3 of the grape concentrate is wasted 10

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Reference no: EM13583500

Hnak Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 40-gallon batch.

  • 2,700   ounces of grape concentrate at $0.08 per ounce
  • 70        pounds of granulated sugar at $0.56 per pound
  • 69        lemons at $0.86 each
  • 120      yeast tablets at $0.21 each
  • 120      nutrient tablets at $0.12 each
  • 3,600   ounces of water at $0.009 per ounce

Hank estimates that 3% of the grape concentrate is wasted, 10% of the sugar is lost, and 28% of the lemons cannot be used.

Compute the standard cost of the ingredients for one gallon of wine.

Standard Cost Per Gallon$

Reference no: EM13583500

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