Total cost for 50 gallons
Grape concentrate - $117.6
Granulated sugar - $ 27
Lemons- $48
Yeast tablets -$10
Nutrient tablets- $24
Water - $15
Cost of spoilage
Grape concentrate -2940*2%* 0.04= $2.35
Sugar -54*10%*0.5= $2.7
Lemons -60*25%*0.8= $12
Total cost including spoilage= 258.65
Total gallons of wine produced = 50
Standard cost per gallon is $5.17
ng Il-Fall 2019 > Assignments > CH 24 HOMEWORK 424 HOMEWORK Send to Gradebook Question 1...
Send to Gradebook < Prev Next > Question 1 View Policies Current Attempt in Progress 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 190-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 285 pounds of granulated sugar at $0.56 per pound 323 lemons at $0.87 each 950 yeast tablets at $0.29 each 190 nutrient tablets at $0.14 each 2,700 ounces of...
Question 1 --/18 View Policies Current Attempt in Progress 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 590-gallon batch. 3,300 ounces of grape concentrate at $0.09 per ounce 649 pounds of granulated sugar at $0.47 per pound 1,121 lemons at $0.67 each 1,180 yeast tablets at $0.28 each 590 nutrient tablets at $0.14 each 2,100 ounces of water at $0.005 per ounce Hank...
Current Attempt in Progress 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 840-gallon batch. 2,500 ounces of grape concentrate at $0.04 per ounce 1,260 pounds of granulated sugar at $0.43 per pound 1,008 lemons at $0.72 each 2,520 yeast tablets at $0.28 each 1,680 nutrient tablets at $0.11 each 3,000 ounces of water at $0.003 per ounce Hank estimates that 2% of the...
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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. 2,970 ounces of grape concentrate at $0.04 per ounce 54 pounds of granulated sugar at $0.45 per pound 60 lemons at $0.70 each 100 yeast tablets at $0.26 each 250 nutrient tablets at $0.10 each 2,700 ounces of water at $0.005 per ounce Hank estimates that 1% of the grape concentrate is wasted,...
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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 $0.09 per ounce 54 pounds of granulated sugar at $0.45 per pound 60 lemons at $0.65 each 100 yeast tablets at $0.28 each 50 nutrient tablets at $0.14 each 2,100 ounces of water at $0.005 per ounce Hank estimates that 5% of the grape concentrate is wasted,...
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. 3,465 ounces of grape concentrate at $0.03 per ounce 54 pounds of granulated sugar at $0.35 per pound 60 lemons at $0.65 each 200 yeast tablets at $0.28 each 250 nutrient tablets at $0.11 each 3,100 ounces of water at $0.005 per ounce Hank estimates that 1% of the grape concentrate is wasted,...
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Exercise 11-2 (Video) 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 50-gallon batch. 3,840 ounces of grape concentrate at $0.06 per ounce 54 pounds of granulated sugar at $0.35 per pound 60 lemons at $0.90 each 200 yeast tablets at $0.23 each 50 nutrient tablets at $0.12 each 3,400 ounces of water at $0.005 per ounce Hank...