Standard Product Cost, Direct Materials Valance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (1,000 pounds) has the following standards: Standard Quantity Standard Price Whole tomatoes 1,700 lbs $0.46 per i Vinegar 90 gal 2.80 pergal Com syrup 10.20 pergal Salt 36 lbs 2.60 perib The actual materials in a batch may vary from the standard due to tornato characteristics. Asume that the actual quantities of materials for batch OR-94 were un follows: 1,800 lbs. of tomatoes 36al of vinegar 9 gal of com syrup 35 lbs of salt . Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. Standard Cout Ingredient per Batch Whole tomatoes Vinegar Corn syrup Salt Total Standard unit materials cost per pound h. Determine the direct materials quantity variance for batch 08-99. 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. Materials Quantity Variance Favorable/Unfavorable Ingredient Whole tomatoes Vinegar Com su San Totalt materials quantity variance