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BatCo makes baseball bats. Each bat requires $1\mathrm{.}00$ pounds of wood at $$22$ per pound and $0\mathrm{.}35$ direct labor hour at $$30$ per hour. Overhead is assigned at the rate of $$60$ per direct labor hour.

Assume the actual cost to manufacture $130$ bats is $$7,735\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.$)$