%24 Bridgeport Corp. manufactures and sells a nutrition drink for children. It wants to develop a standard cost per gallon. The following are required for production of a 100 gallon batch: 2,000 ounces of lime Kool-Drink at $.12 per ounce 44 pounds of powdered honey at S.60 per pound 67 kiwi fruit atS.50 each 100protein tablets at 5.90 each 4,400ounces of water at $.003 per ounce Bridgeport estimates that 2%of the lime Kool-Drink is wasted, 20% of the powdered honey is lost, and 10% of the kiwis cannot be Compute the standard cost of the ingredients for one gallon of the nutrition drink. (Round intermediate.calculations and final answer to 2, decimal places, e g 52.75.) Standard Cost per Gallon e Textbook and Media Attempts: 0 of 3 used Submit Answer

%24 Bridgeport Corp. manufactures and sells a nutrition drink for children. It wants to develop a standard cost per gallon. The following are required for production of a 100 gallon batch: 2,000 ounces of lime Kool-Drink at $.12 per ounce 44 pounds of powdered honey at S.60 per pound 67 kiwi fruit atS.50 each 100protein tablets at 5.90 each 4,400ounces of water at $.003 per ounce Bridgeport estimates that 2%of the lime Kool-Drink is wasted, 20% of the powdered honey is lost, and 10% of the kiwis cannot be Compute the standard cost of the ingredients for one gallon of the nutrition drink. (Round intermediate.calculations and final answer to 2, decimal places, e g 52.75.) Standard Cost per Gallon e Textbook and Media Attempts: 0 of 3 used Submit Answer

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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