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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 330-gallon batch 3,400 ounces of grape concentrate at $0.02 per ounce 495 pounds of granulated sugar at $0.57 per pound 462 lemons at $0.89 each 990 yeast tablets at $0.26 each 1,650 nutrent tablets at $0.14 each 2,400 ounces of water at $0.001 per ounce Hank estimates that 4% of the grape concentrate is wasted, 12% of the sugar is lost, and 27% 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 Stefani Company has gathered the following information about its product Direct materials: Each unit of product contains 4.40 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.70 pounds. Materials cost $2 per pound, but Stefani always takes the 3.00% cash discount all of its suppliers offer Freight costs average $0.35 per pound. Direct labor. Each unit requires 1.30 hours of labor. Setup, deanup, and downtime average 0.20 hours per unit. The average hourly pay rate Stefani's employees is $13.20. Payrol taxes and fringe benefits are an additional $3.00 per hour Manufacturing overhead Overhead is applied at a rate of $7.00 per direct labor hour Compute Stefani's total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) Total standard cost per unit

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