I have a smartphone app with a wear app that has been packaged inside of it, similar to the first two steps of this section:
https://developer.android.com/training/w
I had the same error when I tried running non wearable application on my device and the error was due to some Android Studio issue with misreading the uses-feature attribute in the Manifest (it reads required false as true):
If you remove it from the manifest the error will disappear. I think that it should be already fixed in Android Studio 1.4.1 or 1.5.