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Business, 09.12.2019 22:31 aek02

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 50-gallon batch. 3,325 ounces of grape concentrate at $0.06 per ounce 54 pounds of granulated sugar at $0.55 per pound 60 lemons at $0.80 each 200 yeast tablets at $0.24 each 200 nutrient tablets at $0.12 each 1,300 ounces of water at $0.005 per ounce hank estimates that 5% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine.

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