4. H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup (3,128 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 K111 were as follows: a. Determine the standard unit materials cost per pound for a standard batch. b. Determine the direct materials quantity variance for batch K111. Round your answer to the nearest cent