Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (2,500 pounds) has the following standards: Standard Quantity Standard Price Whole tomatoes Vinegar Corn syrup Salt 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 4,400 lbs. of tomatoes 4,200 lbs.0.39 per lb. 230 gal.$2.40 per gal. 20 gal. 8.70 per gal. 92 lbs. $ 2.20 per lb. 221 gal. of vinegar 21 gal. of corn syrup 91 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 Whole tomatoes Vinegar Corn syrup Salt Total Standard Cost per Batch