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 $16.20 Standard Quantity 0.60 oz. Standard Price (Rate) $27.00 per oz. 2.00 $ 0.30 crystal Direct labor 2.00 hrs. $16.00 per hr.: 0.60 32.00 Silver Crystals During the month of January, Crystal Charm made 1,570 charms. The company used 907 ounces of silver (total cost of $25,396) and 3,190 crystals (total cost of $893.20), and paid for 3,290 actual direct labor hours (cost of $50,995.00) 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