ACTG $2$P$12$

April $17,2014$

Page $8$ of $13$

Problem $4.(17$ marks$)$

Lucky Company produces silver medallions that are awarded to people around the world who commit random acts of kindness. The firms uses a standard costing system. The standard cost card for the medallions follows:

$\backslash$table$[[$DM $.11$ ounces of silver @ $$49\mathrm{.}16$ per ounce,$$5\mathrm{.}41$