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 Silver Crystals Direct labor Standard QuantityStandard (Rate)Unit Cost 0.30 oz. $30.00 per oz. 5.00 045 per crystal 1.50 hrs. $19.00 per hr S 9.00 2.25 28.50 o al cost of S14 198 and 100 total cost of $3.4%a00 and paid or 2565 During the month of January. Crystal Charm made 1,610 charms The company used 458 ounces of siver actual direct labor hours (cost of $47.452.50) Cys a Required 1. Calculate Crystal Charm's direct materials variances for silver and crystals for the month of January. (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.) Silver Crystals Direct Material Price Variance Direct MaterialQtyVrince