Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorned with two crystals of various colors. Standard costs follow Standard Standard Price Standard (Rate) 0.35 oz. $22.00 per oz. 7.70 $ 0.35 per charm $11.00 per hr. Quantity Unit Cost Silver Crystals Direct labor 4.00 1.50 hrs. 1.40 16.50 During the month of January, Crystal Charm made 1,520 charms. The company used 507 ounces of silver total cost of $11,661) and 6,130 crystals (total cost of $2,022.90), and paid for 2,430 actual direct labor hours (cost of $25,515.00)