Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its materials costs. Assume that a batch of ketchup (1,500 pounds) has the following standards: Standard Quantity Standard Price Whole tomatoes 2.500 lbs. 50:38 per Vinegar 230 per al Com 12 al 8.40 per al 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: 2,600 lbs. of tomatoes 134 gal. of vinegar 13 gal of com syrup 55 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 Vinegar Corn syrup Salt Total Standard unit materials cost per pound b. 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 Ingredient Favorable/Unfavorable Variance Whole tomatoes Vinegar Com se Total direct material quantity wariance