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Joseph Taylor manufactures and sells homemade wine, and he wants to develop a standard cost...

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Accounting

Joseph Taylor manufactures and sells homemade wine, and he wants to develop a standard cost per litre. The following are required
for production of a 150-litre batch:
72.00 litres of grape concentrate at $1.45 per litre
20.25kg of granulated sugar at $0.60 per kilogram
42.00 lemons at $0.60 each
36.00 yeast tablets at $0.25 each
33.75 nutrient tablets at $0.20 each
60.00 litres of water at $0.10 per litre
Joseph estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 20% of the lemons cannot be used.
Calculate the standard cost of the ingredients for one litre of wine. (Round intermediate calculations and final answer to 3 decimal places,
e.g.1.251.)
Standard cost of the ingredients for one litre of wine Please make sure the answer is correct I seen the other chegg answers and they are incorrect. I will give you a 5 star review. You will not find this question online. I have already tried.
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