Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (2,600 pounds) has the following standards: Whole tomatoes Standard Quantity Standard Price Vinegar Corn syrup Salt 4,300 lbs. $0.48 per lb. 240 gal. 2.90 per gal. 21 gal. 96 lbs. 10.70 per gal. 2.70 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: 4,500 lbs. of tomatoes 230 gal. of vinegar 22 gal. of corn syrup 95 lbs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.