Standard Product Cost, Direct Materials Variance

H$.$J$.$ Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup $(2,600$ 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 $08-99$ were as follows:

$4,500$ lbs$.$ of tomatoes

$230$ gal. of vinegar

$22$ gal. of corn syrup

$95$ lbs$.$ of salt

a$.$ Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.

per Batch

Standard unit materials cost per pound

Materials Quantity

Variance

Whole tomatoes

$

Vinegar

Corn syrup

Salt

Total direct materials quantity variance