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10-4 Direct Labor and Variable Manufacturing Overhead Variances LO10-2, LO10-3 CISE y manufactures a mobile fitness device called the Jogging Mate. The company uses Brie

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10-4 Direct Labor and Variable Manufacturing Overhead Variances LO10-2, LO10-3 CISE y manufactures a mobile fitness device called the Jogging Mate. The company uses Brie sto control its costs. The labor standards that have been set for one Jogging Mate are as Company manuf dards to co follows: Standarcd Hours Standard Rate per Hour $17.00 Standard Cost 18 minutes $5.10 During August, 5,750 hours of direct labor time were needed to make 20,000 units of the Jogging Mate. The direct labor cost totaled $102,350 for the month. Required: 1 What is the standard labor-hours allowed (SH) to makes 20,000 Jogging Mates? 2 What is the standard labor cost allowed (SH x SR) to make 20,000 Jogging Mates? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor e 4. 5. The budgeted variable manufacturing o direct labor-hour. During ugust, the company incurred $21,850 in variable manufacturing overhead cost. Compute the variable overhead rate and efficiency variances for the month

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