Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (800 pounds) has the following standards:

Standard QuantityStandard PriceWhole tomatoes1,300lbs.$ 0.38per lb.Vinegar70gal.$ 2.30per gal.Corn syrup6gal.$ 8.40per gal.Salt28lbs.$ 2.10per lb.

The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quantities of materials for batch K-111 were as follows:

1,400 lbs. of tomatoes67 gal. of vinegar7 gal. of corn syrup27 lbs. of salt

a.Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.

IngredientStandard Cost per BatchWhole tomatoes$Vinegar$Corn syrup$Salt$Total$Standard unit materials cost per pound$