part 1 & 2

BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $24 per pound and 0.35 direct labor hour at $30 per hour. Overhead is assigned at the rate of $60 per direct labor hout Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Inputs Standard price or rate Standard cost per unit Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH BatCo makes baseball bats. Each bat requires 200 pounds of wood at $24 per pound and 0.35 direct labor hour at $30 per hour. Overhead is assigned at the rate of $60 per direct labor hour Assume the actual cost to manufacture 120 bats is $10.500,00 Compute the total cost variance and Identify it as favorable or unfavorable. (Indicate the effect of the varience by selecting favorable, unfavorable, or no variance.) Actual cost Budgeted standard cost Total cost variance $