E$9-6($Algo$)$ Calculating Direct Materials and Direct Labor Variances $[$LO $9-3,9-4]$ 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 Unit$],[$Cost$]],],[$Silver$,$Standard Quantity,Standard Price $($Rate$),\mathrm{.}8\mathrm{.}00$