Candles Soap
Bryce 150 450
Tina 200 450

Bryce and Tina are artisans who produce homemade candles and soap.

Select the statement that accurately interprets the data in the table.

a. Tina has a greater opportunity cost than Bryce for making candles.
b. Bryce's opportunity cost for making candles is less than Tina's.
c. Bryce has a greater opportunity cost than Tina for making candles.
d. Bryce's opportunity cost for making candles and making soap are both greater than Tina's.

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 70-gallon batch. 2,700 ounces of grape concentrate at $0.04 per ounce 77 pounds of granulated sugar at $0.43 per pound 133 lemons at $0.79 each 350 yeast tablets at $0.24 each 350 nutrient tablets at $0.14 each 2,500 ounces of water at $0.001 per ounce hank estimates that 4% of the grape concentrate is wasted, 9% of the sugar is lost, and 32% of the lemons cannot be used. compute the standard cost of the ingredients for one gallon of wine. (round intermediate calculations and final answer to 2 decimal places, e.g.