Please do not give solution in image format thanku a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.IngredientStandard Cost per BatchWhole tomatoesVinegarCorn syrupSaltTotalWhole tomatoesVinegarCorn syrupSaltTotal direct materials quantity varianceStandard unit materials cost per poundb. Determine the direct materials quantity variance for batch K-111. If required, round amounts to the nearest cent. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.IngredientMaterials Quantity VarianceFavorable/UnfavorableFeedback$$$$UnfavorableFavorableUnfavorableFavorableUnfavorable✓✓✓Check My WorkUnfavorable variances can be thought of as increasing costs (a debit). Favorable variances can be thought of as decreasing costs (a credit).The direct material cost variance is the difference between the actual and standard material cost.Remember the process discussed in chapter for calculating standard cost.Learning Objective 2, Learning Objective 3 Standard Product Cost, Direct Materials VarianceCondiments Company uses standards to control its materials costs. Assume that a batch of ketchup (2,200 pounds) has the following standards:Standard QuantityStandard PriceWhole tomatoes$ 0.47 per lb.3,700 lbs.200 gal.Vinegar$ 2.90 per gal.Corn syrup17 gal.$ 10.40 per gal.Salt80 lbs.$ 2.60 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 K-111 were as follows:3,800 lbs. of tomatoes192 gal. of vinegar18 gal. of corn syrup79 lbs. of salta. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.IngredientStandard Cost per BatchWhole tomatoesVinegarCorn syrupSaltTotal$Whole tomatoesVinegarCorn syrupSalt$Standard unit materials cost per poundb. Determine the direct materials quantity variance for batch K-111. If required, round amounts to the nearest cent. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.IngredientMaterials Quantity Variance Favorable/UnfavorableUnfavorableFavorableUnfavorableFavorable✓✓

Name: Please do not give solution in image format thanku a. Determine the st
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Description: Please do not give solution in image format thanku a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent.IngredientStandard Cost per BatchWhole tomatoesVinegarCorn syrupSaltTotalW

The variance is the difference between actual and standard costs of production. The variance is said…

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a. Determine the standard unit materials cost per pound for a standard batch. If required, round amounts to the nearest cent. Ingredient Standard Cost per Batch Whole tomatoes Vinegar Corn syrup Salt Total $ Standard unit materials cost per pound $ b. Determine the direct materials quantity variance for batch K-111. If required, round amounts to the nearest cent. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Ingredient Materials Quantity Variance Favorable/Unfavorable Whole tomatoes Vinegar Corn syrup Salt Total direct materials quantity variance $ $ $ $ Unfavorable Favorable Unfavorable Favorable Unfavorable ✓ ✓