Use the following information for the Quick Study below. $($Algo$)$

Skip to question

$[$The following information applies to the questions displayed below.$]$

BatCo makes baseball bats. Each bat requires $2\mathrm{.}00$ pounds of wood at $$22$ per pound and $0\mathrm{.}40$ direct labor hour at $$30$ per hour. Overhead is assigned at the rate of $$60$ per direct labor hour.Required information

Use the following information for the Quick Study below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

BatCo makes baseball bats. Each bat requires $2\mathrm{.}00$ pounds of wood at $$22$ per pound and $0\mathrm{.}40$ direct labor hour at $$30$

per hour. Overhead is assigned at the rate of $$60$ per direct labor hour.

Assume the actual cost to manufacture $140$ bats is $$11,900\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.

Assume the actual cost to manufacture $140$ bats is $$11,900\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.