A baseball bat is divided into several regions. The "barrel" is the thick part of the bat, where it is meant to hit the ball. The part of the barrel best for hitting the ball, according to construction and swinging style, is often called the "sweet spot". The end of the barrel is called the "top", "end" or "cap" of the bat. Opposite the cap, the barrel narrows until it meets the "handle". The handle is comparatively thin, so that batters can comfortably grip the bat in their hands. Sometimes, especially on metal bats, the handle is wrapped with a rubber or tape "grip". Finally, below the handle is the "knob" of the bat, a wider piece that keeps the bat from slipping from a batter's hands.
First base fungo hits fly balls to center field (helps here if both fungo hitters move up and apart, hitting from about the front of the mound extended towards the bases). Center throws to second, second baseman is cutoff (for us it was, anyways - change to suit your style). Third base fungo hits balls to left field, who throw to third, with a second shortstop as cutoff (but you really don't need one, if you're shorthanded).
Baseball bats are made of either wood, or a metal alloy (typically aluminum). Most wooden bats are made from ash. Other woods include maple, hickory, and bamboo. Hickory has fallen into disfavor over its greater weight, which slows down bat speed, while maple bats gained popularity following the introduction of the first major league sanctioned model in 1997. The first player to use one was Joe Carter of the Toronto Blue Jays. Barry Bonds used maple bats the seasons he broke baseball's single-season home run record in 2001, and the career home run record in 2007. In 2010, the increased tendency of maple bats to shatter has caused Major League Baseball to examine their use, banning some models in minor league play.