[REQUIRED] Chapter 23 Homework [REQUIRED] Chapter 23 Homework eBook v2.cengagenow.com CengageNOWv2 | Online teaching and learning resource from Cengage Learning Show Me How C My folder 1. EX.23.01.ALGO 2. EX.23.02.ALGO 3. EX.23.04.ALGO Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (1,200 pounds) has the following standards: Whole tomatoes Standard Quantity Standard Price 4. EX.23.07.ALGO Vinegar 5. EX.23.08.ALGO Com syrup Salt 2,000 lbs. $0.42 per lb. 110 gal. 2.60 per gal. 9 gal. 44 lbs. 9.30 per gal. 2.30 per lb. 6. PR.23.01A.ALGO 7. PR.23.02A.ALGO 8. PR.23.03A.ALGO 9. BE.23-02.EXCEL.ALGO 10. BE.23-03.EXCEL.ALGO The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quantities of materials for batch 08-99 were as follows: 2,100 lbs. of tomatoes 106 gal. of vinegar 10 gal. of corn syrup 43 lbs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. Ingredient Whole tomatoes Vinegar Com syrup Salt Total Standard unit materials cost per pound Standard Cost per Batch Progress: 4/10 items Check My Work Assignment Score: 30% Previous Next All work saved. Save and Exit Submit Assignment for Grading