Cool Sips Inc. manufactures and sells a nutrition drink for children. The comp

Cool Sips Inc. manufactures and sells a nutrition drink for children. The company wants to develop a standard cost per gallon. The following
are required for production of a 100-gallon batch:

1960 ounces of lime Kool-Drink at $.15 per ounce

40 pounds of granulated sugar $.60 per pound

63 kiwi fruit at $.80 each

100 protein tablets at $.90 each

4000 ounces of water at $.0025 per ounce

Cool Sips estimates that 2% of the lime Kool-Drink is wasted 20% of the sugar is lost and 10% of the kiwis cannot be used.

Instructions

Compute the standard cost of the ingredients for one gallon of the nutrition drink.