Crane Winery has the standard cost data for the production of each bottle of red wine below. Input Standard Quantity of Input per Bottle (SQ) Standard Input Price Per Unit of Input(SP) Direct Materials Grapes (Red or Black) 0.49 kg $6 per kg Distilled Water 0.25 liters $38 per liter Sugar 0.25 kg $0.51 per kg Baker's Yeast 0.03 of packet $2 per packet Glass Bottle 1 0.22 per bottle Corks 1 0.04 per bottle Direct Labor 0.22 hours $9 per hour Variable MOH 0.22 hours $4 per hour Fixed MOH 0.22 hours $3 per hour What is the standard cost per unit for one bottle of red wind for Crane Winery?

Answer rating: 100% (QA)

Direct materials cost Grapes 049 kg 6kg 294 Distilled water 025 liters ... View the full answer