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BatCo makes baseball bats. Each bat requires $2\mathrm{.}00$ pounds of wood at $$20$ per pound and $0\mathrm{.}25$ direct labor hour at $$30$ per hour. Overhead is assigned at the rate of $$60$ per direct labor hour.

Assume the actual cost to manufacture $150$ bats is $$9,975\mathrm{.}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.

$\backslash$table$[[$Actual cost$,],[$Budgeted standard cost,$],[$Total cost variance,$]]$