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 Standard Rate Standard Hours 27 minutes Cost $2.70 per Hour $6.00 During August, 9,610 hours of direct labor time were needed to make 19,600 units of the Jogging Mate. The direct labor cost totaled $56,699 for the month