Standard product cost, direct materials variance

continents company uses standards to control its material cost. Assume the batch of ketchup (2,700 pounds) has the following standards:

The actual materials in a batch may vary from the standard use tomatoes characteristics. Assume the actual quantities of materials for the batch K-111 were as follows:

determine the direct materials quantity variance for batch K-111. If required, round amount to the nearest cent. Enter favorable variance as a negative number and using a minus in an unfavorable variants as a positive number.

Standard Quantity Standard Price Whole tomatoes 4,500 lbs. $ 0.43 per lb. Vinegar 250 gal. $ 2.60 per gal. Corn syrup 22 gal. $ 9.60 per gal. Salt 100 lbs. $ 2.40 per Ib. 4,700 lbs. of tomatoes 240 gal. of vinegar 23 gal. of corn syrup 99 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 ball Total Standard unit materials cost per pound Ingredient Materials Quantity Variance Favorable/Unfavorable Unfavorable Whole tomatoes $ Vinegar Favorable Corn syrup Unfavorable Salt Favorable Total direct materials quantity variance Unfavorable