NATIONAL ork mework Help Save & Exit Su Check my wer Problem 10-9 Comprehensive Variance Analysis [LO10-1, LO10-2, LO10-3) Marvel Parts, Inc., manufactures auto accessories. One of the company's products is a set of seat covers that can be adjusted to fit nearly any small car. The company has a standard cost system in use for all of its products According to the standards that have been set for the seat covers, the factory should work 1,070 hours each month to produce 2,140 sets of covers. The standard costs associated with this level of production are Per Se of Total Covers Direct materials Direct labor Variable manufacturing overhead $26,964 $12-60 $11,7705.5 (based on direct labor-hours) 3,6381.78 $19.80 During August, the factory worked only 1,000 direct labor-hours and produced 2,400 sets of covers. The following actual costs were recorded during the month Per Set