Standard Product Cost, Direct Materials Variance H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup (900 pounds) has the following standards: Whole tomatoes Standard Quantity Standard Price Vinegar Corn syrup Salt 1,500 lbs. $0.42 per lb. 80 gal. 2.60 per gal. 7 gal. 32 lbs. 9.30 per gal. 2.30 per lb. 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: 1,600 lbs. of tomatoes 77 gal. of vinegar 8 gal. of corn syrup 31 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 Whole tomatoes Vinegar Corn syrup Salt Total Ctandard unit matoriale cost nor nound Standard Cost per Batch