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thank you!! (EXERCISE 10-4 Direct Labor and Variable Manufacturing Overhead Variances L010-2, L010-3 Erie Company manufactures a mobile fitness device called the Jogging Mate. The

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(EXERCISE 10-4 Direct Labor and Variable Manufacturing Overhead Variances L010-2, L010-3 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: Standard Hours Standard Rate per Hour $17.00 Standard Cost $5.10 18 minutes uring August, 5,750 hours of direct labor time were needed to make 20,000 units of the Jogging! The direct labor cost totaled $102,350 for the month. Required: 1. What is the standard 2. What is the standard 3. What is the labor s 4. What is the labor 5. The budgeted var August, the company inc is the standard labor-hours allowed (SH) to makes 20,000 Jogging Mates? the standard labor cost allowed (SH X SR) to make 20,000 Jogging Mates? wat is the labor spending variance? the labor rate variance and the labor efficiency variance? ageted variable manufacturing overhead rate is $4 per direct labor-hour. During le company incurred $21,850 in variable manufacturing overhead cost. Compute the le overhead rate and efficiency variances for the month

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