BatCo makes baseball bats. Each bat requires $2\mathrm{.}00$ pounds of wood at $$16$ per pound and $0\mathrm{.}35$ direct labor hour at $$30$ per hour. Overhead is assigned at the rate of $$60$ per direct labor hour.

QS $21-6($Algo$)$ Total Cost variances LO P$2$

Assume the actual cost to manufacture $120$ bats is $$8,100\mathrm{.}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.$)$