CharmCharrn company produces handcrafted silver lucky charms. This product is very popular in Australia as it can be attached to a necklace or bracelet. Silver and two colourful crystals are required to make each charm. Standard cost information to produce one charm is as follows: Standard Standard cost for one quantity Standard price charm Silver 0.4 oz. $32 per oz. $13 $0.2 per Crystals 3 0 crystal $0.60 Direct labour 2.4 hours $20 per hour $48 ***oz. is ounce. Actual costs incurred in the production of 1,760 units during the month of March were as follows: Actual Actual use costs Silver 660 oz. $9,240 3,65 crystal Crystals 0 8 $803 Direct labour 4,60 hours 0 hours $69,000