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AnycakeAssignaTEMATIONmintain donyokers&takeAssignmentSession eBook Show Me How &inprogress=false Standard Product Cost, Direct Materials Variance H.3. Heinz Company uses standards to control its materials costs. Assume

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AnycakeAssignaTEMATIONmintain donyokers&takeAssignmentSession eBook Show Me How &inprogress=false Standard Product Cost, Direct Materials Variance H.3. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup (1,400 pounds) has the wing standards Whole tomatoes Vinegar Comp Sall Standard Quantity Standard Price 2,300 lbs $0.51 per 130 g 11 3.10 per gal 52 lbs. 11.30 per pe 2.80 CO The actual materials in a batch may vary from the standard due to tomato charactenstics. Assume that the actual quantities of materials for batch 08-99 were as follows 2,400 lbs of tomatoes 125 gal of vinegar 12 gal. of corn syrup 51 lbs of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amts to the nearest cent. Ingredient Whole tomatoes Vinegar Standard Cost per Batch -51 x -15.5 Standard unit materials cost per pound b. Determine the direct materials quantity variance for batch 06-93. If required, round amounts to the nearest cent. Enter a favorable variances ativ number usios aminvesin.ant.an.antevorable anenceptv.number Comp Sat To Check My Work 80 23 0: All work saved. MacBook Air P Dil " Email instructor Save and Exit Submit Assignment for Grading O 00 8: O #3 $ % & 4 5 6 7 8 .00 9 W ER T Y U S D X C 8 F > #! G H J K L B N V- " P v a dele

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