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Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The labor standards that have been

Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The labor standards that have been set for one Jogging Mate are as follows:
\table[[\table[[Standard],[Hours]],\table[[Standard Rate],[per Hour]],\table[[Standard],[Cost]]],[27 minutes,$5.60,$2.52
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