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Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup ( 1 , 2 0 0 pounds ) has the

Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (1,200 pounds) has the following standards:
\table[[,Standard Quantity,Standard Price],[Whole tomatoes,2,000lbs.,$0.45 per lb.],[Vinegar,110gal,2.70 per gal.],[Corn syrup,9 gal.,10.00 per gal.],[Salt,44lbs.,2.50 per 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 08-99 were as follows:
2,100lbs. of tomatoes
106gal. of vinegar
10 gal. of corn syrup
43 lbs. of salt
a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.
Standard Cost
Ingredient
per Batch
Whole tomatoes
$
Vinegar
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