Crsytal 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. 1. calculate crystal charm's direct materals variances for solver and crystals for the month of january. 2. Calculate Crystal Charm's direct labor variances for the month of january.

2 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 25 po Standard Standard Price Quantity C) Silver 0.39 0.522.00 per e- Crystals 4.60 59.5 crystal Direct labor 1.5 hrs. 511.0 per he Standard Unit Cast $ 7.70 1.40 16.50 During the month of January, Crystal Charm made 1.520 charms. The company used 507 ounces of silver (total cost of $11661) and 6,30 crystals total cost of $2022.90), and paid for 2430 actual direct labor hours (cpst of $25.515.00) Required: 1. Calculate Crystal Charm's direct materials variances for silver and crystals for the month of January 2. Calculate Crystal Charm's direct labor variances for the month of January Complete this question by entering your answers in the tabs below. Required: Remed 2 Calculate Crystal Charm's direct materiais variances for silver and crystals for the month of January. (Round your intermediate calculations and final antwento 2 decimal place indicate the effect of each variance by selecting for favorable, "u" for unfavorable, and "None" for no effect (tero variance) Silver Crystals Direct Material Price Variance Dured Material Quantity Valance Required 2 > Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet Each charm is adomed with two crystals of various colors. Standard costs follow 25 poles Standard Standard Price Quantity Crate) Silver 0.35 $22.00 per os Crystals $ 0.35 crystal orect labor 1.50 hrs $11.00 per he Standard Unit Cost 5 7.70 1.40 16.50 4.60 eBook Print During the month of January, Crystal Charm made 1,520 charms. The company used 507 ounces of silver (total cost of $1661) and 6130 crystals (total cost of $2,022.90) and paid for 2430 actual direct labor hours (cost of $25 51500) Required: 1. Calculate Crystal Charm's direct materiais variances for silver and crystals for the month of January 2. Calculate Crystal Charm's direct labor variances for the month of January We Complete this question by entering your answers in the tabs below. Required: Required 2 Calculate Crystal Charm's direct labor variances for the month of January. (Round your intermediate calculations and final answer to 3 decimal places. Indicate the effect of each Varlance by acting for favorable, "U" for unfavorable and "None" for no effect ( zero variance):) Direct Labor Rate Variance Die Labor Efficiency Variance