Standard Product Cost, Direct Materials Variance H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup (1,600 pounds) has the following standards: The actual matenals in a botch may vary from the standard due to tomsto characteristics. Assume that the actual quaatities of materials for batch Q6-99 were as followst 2,400 lbs, of tomatoes Th4 pil, of vinegar 14 gali of corn svrup S. libe tof sait 59 lbs. ol salt a. Determsine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. b. Determine the direct materiak quaitity varkene for batch 0099. If required, round amounts to the mearest cent. Finter a favorable vaciance ab a negative number using a muens sign and an infavorable variance as an goolve namber