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Precious Coins produces souvenir non - currency coins for commercial clients. The standard coin is made from 5 0 grams of a metal alloy with

Precious Coins produces souvenir non-currency coins for commercial clients. The standard coin is made from 50 grams of a metal alloy with a standard cost of $0.20gram. Last month, 50,000 coins were produced using 2,800,000 grams of material at a cost of $504,000.
Precious Coins' labour standards assume an overall production level of 80 coins per worker per hour (or 0.0125 direct labour hours/coin) at a cost of $40 per direct labour hour. Labour costs for last month's production of 50,000 coins was $22,000 for 500 hours of direct labour.
\table[[\table[[Actual Quantity],[of input * Actual Price]],\table[[Actual Quantity],[of input * Standard Price]],\table[[(3)],[Standard Quantity],[of Input Allowed for Actual,],[Quantity of Output, at],[Standard Price]]],[AQ**AP,AQ**SP,SQ**SP
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