H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup (7,650 pounds) has the following standards:

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:

4,900 lbs. of tomatoes

375 gal. of vinegar

36 gal. of corn syrup

140 lbs. of salt

a. Determine the standard unit materials cost per pound for a standard batch.

b. Determine the direct materials quantity variance for batch 08-99.

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Standard Price $0.75 per Ib. 0.90 per gal. 7.50 per gal. 1.80 per Ib. Standard Quantity 5,000 lbs. 350 gal. 40 gal. 125 Ibs. Whole tomatoes Vinegar Corn syrup Salt