XYZ uses 15 pounds of wood to make baseball bats. The price of wood is $7.00 per pound 2 direct labor hours are required to make a baseball bat and the direct labor rate is $11.00 per hout Variable overhead is assigned based on direct labor hours at a rate of $150 per direct labor hout, Baseball bats selling price is $55.00. Fived overhead selling and administrative expenses) is budgeted to be $400.000 At the end of year XYZ sold 30.000 units with sales ascending to $1675.000. Materials used were 45.000 pounds and the materials cost were $7.05 per pound Direct Labor hours used to produce 30,000 units was 59.800 hours and the rate paid was $10.95 per hour Variable Overhead was $94.000 and fred overhead eiling and administrative expenses) was 407.000 for a total overhead Incurred of $501000 REQUIRED: Compute the Standard cost of 1 baseball bet REQUIRED: Compute the Pre-tax income if XYZ budgeted sales are 35,000 units REQUIRED: Compute the Contribution Margin if XYZ budgeted sales are 30,000 units REQUIRED: Compute total variable cost if XYZ budgeted sales are 25,000 units REQUIRED: Compute Sales Variance