Required information Use the following information for the Quick Study below. (Algo) (The following information applies to the questions displayed below.) BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $16 per pound and 0.40 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.) Standard price or rate Standard cost per unit Inputs Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH