eBook Show Me How Calculator Print Item 80 lbs. Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (2,100 pounds) has the following standards: Standard Quantity Standard Price Whole tomatoes 3,500 lbs. $ 0.49 per lb. Vinegar 200 gal $ 3.00 per gal. Corn syrup 17 gal. $10.90 per gal Salt $ 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 K-111 were as follows: 3,600 lbs. of tomatoes 192 gal. of vinegar 18 gal, of corn syrup 79 lbs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. Ingredient Standard Cost per Batch Whole tomatoes Vinegar Corn syrup Salt Previous Next > Check My Work Show Me How Calculator eBook 192 gal. of vinegar Print Item 18 gal. of corn syrup 79 lbs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. Ingredient Standard Cost per Batch Whole tomatoes Vinegar Corn syrup Salt Total Standard unit materials cost per pound b. Determine the direct materials quantity variance for batch K-111. If required, round amounts to the nearest cent. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Ingredient Materials Quantity Variance favorable/Unfavorable Whole tomatoes Unfavorable Vinegar Favorable Corn syrup Unfavorable Salt Favorable Total direct materials quantity variance Unfavorable