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H . J . Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup ( 1 , 7 0 0

H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup (1,700 pounds) has the following standards:
\table[[,Standard Quantity,Standard Price],[Whole tomatoes,2,800lbs.,$0.39 per lb.],[Vinegar,160gal,,2.40 per gal.],[Corn syrup,14gal,,8.70 per gal.],[Salt,64lbs.,2.20 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:
2,900 lbs. of tomatoes
154gal, of vinegar
15gal. of com syrup
63 Ibs. of salt
a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.
\table[[Ingredient,\table[[Standard Cost],[per Batch]]],[Whole tomatoes,],[Vinegar,],[Corn syrup,],[Salt,],[Total,],[Standard unit materials cost per pound,]]
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