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Required information Use the following information for the Quick Study below. (Static) [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 2 pounds of wood at $18 per pound and 0.25 direct labor hour at $20 per hour. Overhead is applied at the rate of $40 per direct labor hour. QS 23-5 (Static) Standard cost card LO P2 Prepare a standard cost card for a baseball bat for BatCo. Note: Round your final answers to 2 decimal places