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 QuantityStandard (Rate) 0.35 oz. $31.00 per oz. 6.00 $ 0.50 per crystal 2.00 hrs. $20.00 per hr Standard Unit Silver Crystals Direct labor $10.85 3.00 40.00 During the month of January, Crystal Charm made 1,620 charms. The company used 542 ounces of silver (total cost of $17,344) and 9,770 crystals (total cost of $4,689.60), and paid for 3,390 actual direct labor hours (cost of $66,105.00)