Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (900 pounds) has the following standards: The actual materials in a batch may vary from the standard due to tomato characteristics. Assume that the actual quantities of materials for batch o8-99 were as follow 1,600 lbs. of tomatoes 77 gal. of vinegar 8 gal. of corn syrup 31 lbs. of salt Determine the direct materlals quantity variance for batch 08-99. If required, round amounts to the nearest cent. Enter a favorable variance as a negative umber using a minus sign and an unfovorable variance as a positive number