Standard Product Cost, Direct Materials Variance H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup ( 2,500 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 K 111 were as follows: 4,400lbs. of tomatoes 221gal. of vinegar 21 gal. of corn syrup 91lbs. of salt a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. b. Determine the direct materials quantity variance for batch K111. If required, round amounts to the nearest cent. Enter a favorable variance as a negative nimber using a minus sign and an unfavorable variance as a positive number