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BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $22 per pound...

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Accounting

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BatCo makes baseball bats. Each bat requires 2.00 pounds of wood at $22 per pound and 0.30 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 $9,480.00. 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

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