Unit VIII question 1 Bridgeport Corp. manufactures and sells a nutrition drink for children. It wants to develop a standard cost per gallon. The following arerequired for production of a 100 gallon batch.2,000 ounces of lime Kool-Drink at $.12 per ounce44 pounds of powdered honey at5.60 per pound67 kiwi fruit at 5.50 each100 protein tablets at S.90 each4,400 ounces of water at $.003 per ounceBridgeport estimates that 2% of the lime Kool-Drink is wasted, 20% of the powdered honey is lost, and 10% of the kiwis cannot bepaed.Compute the standard cost of the ingredients for one gallon of the nutrition drink. (Round intermediate calculations and final answer to 2decimal places, e5275)Standard Cost per GallonSevefor LaterAttempts: 0 of 3 usedSubnilt Answer

Actual Input Material Required for 100 Gallon Batch Price ounce of lime kool drink 2000 $…

Answered: Compute the standard cost of the…

Compute the standard cost of the ingredients for one gallon of the nutrition drink. (Round intermediate calculations and final answer to 2 decimal places, eg.52.75)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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