#5 part 1 & 2 [The following information applies to the questions displayed below.] part 1: BatCo makes baseball bats. Each bat requires 1.00 pounds of wood at $24 per pound and 0.35 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour.

Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.)

part 2: Assume the actual cost to manufacture 120 bats is $6,240.00. Compute the total cost variance and identify it as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)