How does standard costing differ from actual costing?

Select the formula labels to show the differences between standard and actual costing, for direct and indirect costs.

Standard costing:

Standard prices

Standard inputs allowed for actual output

$=$ Direct costs

Standard qty of cost$-$allocation base allowed for actual output

Indirect

$=$

costs

Actual costing:

Actual inputs used

$=$

Direct costs

Indirect

Indirect

costs

$=$