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:

$\backslash$table$[[,,,$Standard Unit$],[$Silver$,$Standard Quantity,Standard Price $($Rate$),\backslash$table$[[$Cost$]]],[$Crystals$,0\mathrm{.}35$ ounce,$$31\mathrm{.}00$ per ounce,$10\mathrm{.}85],[$Direct labor,$6\mathrm{.}00,$$$0\mathrm{.}50$ crystal,$3\mathrm{.}00]]$

During the month of January, Crystal Charm made $1,620$ charms. The company used $542$ ounces of silver $($total cost of $$17,344)$ and $9,770$ crystals $($total cost of $$4,689\mathrm{.}60),$ and paid for $3,390$ actual direct labor hours $($cost of $$66,105\mathrm{.}00).$

Required:

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 $1$ Required $2$

Calculate Crystal Charm's direct labor variances for the month of January.

Note: Round your intermediate calculations and final answers to $2$ decimal places. Indicate the effect of each variance by selecting $"F"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$

$\backslash$table$[[$Direct Labor Rate Variance,,$],[$Direct Labor Efficiency Variance,,$]]$