Standard Product Cost, Direct Materials Varlance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (2,400 pounds) has the following standards: Standard Quantity Standard Price Whole tomatoes 4,000 Ibs. S0.53 per Ib. Vinegar 220 gal $ 3.20 per gal. Com syrup 19 gal. $11.80 per gal. Salt 88 Ibs. 5 2.90 per Ib. The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quantities of materials for batch K-111 were as follows: 4,200 Ibs, of tomatoes 211 gal. of vinegar 20 gal. of corn syrup 87 Ibs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. Ingredient Standard Cost per Batch Whole tomatoes Vinegar Com syrup Salt Total Standard unit materials cost per pound b. Determine the direct materials quantity variance for batch K-111. Tf required, round amounts to the nearest cent. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a pesitive number. Ingredient Materials Quantity Variance Favorable/Unfavorable Whole tomatoes Module 5 Assignment eBook E Calculator A Print item Show Me How Vinegar 220 gal. 5 3.20 per gal. Com syrup 19 al. $ 11.80 per gal. Salt 88 Ibs. S 2.90 per Ib. The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quantities of materials for batch K-111 were as follows: 4,200 Ibs. of tomatoes 211 gal. of vinegar 20 gal. of corn syrup 87 Ibs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. Ingredient Standard Cost per Batch