Standard Product Cost, Direct Materiais variance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (2.800 pounds) has the following standards Standard Quantity Standard Price Whole tomatoes 4,700 $0.38 perib Vineg $ 2.30 per al Corn syrup 22 g $8.40 per al Salt 104 $ 2.10 per The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quotes of materials for batch 111 were as follows 4.900 lbs. of tomatoes 250 gal of vinegar 23 gal, of corn syrup 103 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 VA Corp Salt Total Standard unit materials cout per pound b. Determine the vet mercantily variance for batch 11 red, round amounts to the nearest contenter storable variance as a negative number using a minus sun and an utworable variance postive number Ingredient Materials Quantity Variance Favorable/Unfavorable Whole tomatoes Unfavorite Vinega Favorite Cor syrup Unfort san Total direct materials que variance Unfaits