Standard Product Cost, Direct Materials Variance H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup (2,700 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: 4,700 lbs. of tomatoes 240gal, of vinegar 23 gal. of corn syrup 99lbs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. Ingredlent Whole tomatoes Vinegar Corn syrup Salt Total Standard unit materials cost per pound variance as a positive number. Ingredient Whole tomatoes Vinegar Corn syrup Salt Total direct materials quantity variance