Question: CALLULATUR PRINTER VE Exercise 23-2 Your answer is incorrect. Try again. Hank Itzek manufactures and sells homemade wine, and he wants to develop a standard
CALLULATUR PRINTER VE Exercise 23-2 Your answer is incorrect. Try again. 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 20-gallon batch 3,100 ounces of grape concentrate at $0.08 per ounce 22 pounds of granulated sugar at $0.39 per pound 26 lemons at $0.68 each 100 yeast tablets at $0.29 each 80 nutrient tablets at $0.12 each 2,800 ounces of water at $0.007 per ounce Hank estimates that 3% of the grape concentrate is wasted, 12% of the sugar is lost, and 31% 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, e.g. 1.25.) Standard Cost Per Gallon 37.68 Click if you would like to Show Work for this question: Open Show Work
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