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: Silver Crystals Direct labor Standard Quantity 0.55 ounce 8.00 1.50 hours Required: Standard Price (Rate) $26.00 per punce $ 0.25 crystal $15.00 per hours Standard Unit Cost $ 14.30 2.00 22.50 During the month of January, Crystal Charm made 1,560 charms. The company used 823 ounces of silver (total cost of $22,221) and 12,530 crystals (total cost of $2,881.90), and paid for 2,490 actual direct labor hours (cost of $36,105.00).

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: During the month of January, Crystal Charm made 1,560 charms. The company used 823 ounces of silver (total cost of $22.221 ) and 12.530 crystals (total cost of $2.881.90 ), and paid for 2.490 actual direct labor hour (cost of $36:105.00 )