John estimates that 4 of the grape concentrate is wasted

Reference no: EM13482515

John Doe manufactures and sells homemade drinks, and he wants todevelop a standard cost per gallon. The following are required forproduction of a 50-gallon batch.

2,700 ounces of grape concentrate at $0.05 per ounce

60.00 pounds of granulated sugar at $0.37 per pound

65.00 lemons at $0.64 each

50.00 yeast tablets at $0.28 each

50 nutrient tablets at $0.24 each

2,400 ounces of water at $0.005 per ounce

John estimates that 4% of the grape concentrate is wasted, 10%of the sugar is lost, and 20% of the lemons cannot be used.

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

Reference no: EM13482515

Questions Cloud

Prepare statements of cash receipts and disbursements : on janurary 2 2007 the s.h. park company installed a brandnew 87000 special molding machine for producing a new

B-mart sells 5000 of blue jeans the customer later tells : b-mart sells 5000 of blue jeans. the customer later tells b-mart that 200 of them are defective. the sale of the 5000

The it corporation produces and markets two types of : the it corporation produces and markets two types of electronic calculators model 11 and model 12. the following data

This resulted in production of 6900 water ski radios for : 1. zanny electronics companyuses a standard cost system to collect costs related to the production of its water ski

John estimates that 4 of the grape concentrate is wasted : john doe manufactures and sells homemade drinks and he wants todevelop a standard cost per gallon. the following are

Assume that 80 of the cost of revenue and 30 of the selling : sprint nextel is one of the largest digital wireless service providers in the united states. in a recent year it had

Selling general and administrative expenses are expected to : the schroumldinger science store operates a retail store in a local shopping mall.the results of operations for the

A compute the materials price and quantity variances b : a company produces bird food. during april itproduced147 batches of food each batch weighing 100 lbs. to produce this

Shimmer does not sell any other assets during the year and : shimmer inc is a calendar year end accrual method corporation. this year its sells the following long term assetsassets

User Account

All Pages