Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (1,500 pounds) has the following standards Standard Price $0.46 per lb. 2.80 per gal 10.20 per gal. 2.60 per lb. Standard Quantity Whole tomatoes Vinegar Corn syrup 2,500 lbs. 140 gal 12 gal. 56 lbs O Salt for batch K-54 were as follows: The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quantities of materials 2,600 lbs. of tomatoes 134 gal. of vinegar 13 gal. of corn syrup 55 ibs. of sat a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent Standard Cost per Batch Whole tomatoes Vinegar Corn syrup Salt Standard unit materials cost per pound b. Determine the direct materials guentity variance for batch K-S4. If required, round amounts to the nearest cent. Enter a favorable variance as a negative number using a minus sign unfavorable variance as a positive number Ingredient Materials Quantity Variance Favorable/Unfavorable Vinega Corn syrup direect materials quantty variance