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Exercise 1 0 - 4 ( Algo ) Direct Labor and Variable Manufacturing Overhead Variances [ LO 1 0 - 2 , LO 1 0

Exercise 10-4(Algo) Direct Labor and Variable Manufacturing Overhead Variances [LO10-2, LO10-3]
Erie Company manufactures a mobile fitness device called the Jogging Mate. The company's labor standards for one Jogging Mate are as follows:
\table[[\table[[Standard],[Hours]],\table[[Standard Rate],[per Hour]],\table[[Standard],[Cost]]],[30 minutes,$6.20,$3.10
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