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Requlred iniormation Use the following information for the Quick Study below. (Algo) [The following information applles to the questions displayed below] BatCo makes baseball bats. Each bat requires 1.00 pounds of wood at $22 per pound and 0.25 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. QS 21-5 (Algo) Standard cost card LO P2 Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Requlred Information Use the following information for the Quick Study below. (Algo) [The following information applles to the questions displayed below] Batco makes baseball bats. Each bat requires 1.00 pounds of wood at $22 per pound and 0.25 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. OS 21-6 (Algo) Total Cost variances LO P2 issume the actual cost to manufacture 130 bats is $5,590.00. Compute the tota cost variance and identify it as favorable or infavorable (indicate the effect of the varlance by selecting fovorable, unfavorable, or no variance.)