BatCo makes baseball bats. Each bat requires $1\mathrm{.}00$ pounds of wood at $$20$ per pound and $0\mathrm{.}30$ direct labor hour at $$30$ per hour. Overhead is assigned at the rate of $$60$ per direct labor hour.

QS $08-6($Algo$)$ Total Cost variances LO P$2$

Assume the actual cost to manufacture $150$ bats is $$7,950\mathrm{.}00.$ Compute the total cost variance and identify it as favorable or unfavorable.

Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.