Business, 30.04.2021 21:40 saja19

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. 2,880 ounces of grape concentrate at $0.04 per ounce
54 pounds of granulated sugar at $0.55 per pound
60 lemons at $0.85 each
250 yeast tablets at $0.29 each
50 nutrient tablets at $0.14 each
2,700 ounces of water at $0.005 per ounce

Hank estimates that 4% of the grape concentrate is wasted, 10% of the sugar is lost, and 25% of the lemons cannot be used.

Required:
Compute the standard cost of the ingredients for one gallon of wine.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:30

Why does the united states government provide tax breaks related to the amount of money companies spend on research and development? a. to provide incentives for companies to conduct research and development to allow antitrust authorities b. to challenge joint research efforts c. to protect the right of inventors d. to produce and sell their inventions e. to involve less government scrutiny than a government funded project

Answers: 1

Answer

Business, 21.06.2019 19:40

Policymakers are provided data about the private and social benefits of a good being sold in the market. quantity private mb ($) social mb ($) 6 6 9 7 4 7 8 2 5 9 0 3 what is the size of the externality? if the externality is positive, enter a positive number. if negative, make it a negative number. $ given this data, policymakers must decide whether to address the associated externality with a subsidy or a tax. as their economic consultant, which of the two policy tools would you recommend? a subsidy a tax

Answers: 2

Answer

Business, 22.06.2019 16:20

The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. the production order quantity for this problem is approximately:

Answers: 1

Answer

Business, 22.06.2019 20:30

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase

Answers: 3

Answer

You know the right answer?

Hank Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon....

Questions