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 Quantity			Standard (Rate)			Standard Unit Cost
Silver	0.25	oz.		$	26.00	per oz.		$	6.50
Crystals	6.00			$	0.25	per crystal			1.50
Direct labor	1.50	hrs.		$	16.00	per hr.			24.00

During the month of January, Crystal Charm made 1,600 charms. The company used 375 ounces of silver (total cost of $10,125) and 9,650 crystals (total cost of $2,219.50), and paid for 2,550 actual direct labor hours (cost of $39,525.00).

Required: 1. Calculate Crystal Charm's direct materials variances for silver and crystals for the month of January. (Round your ir Silver Crystals Direct Material Price Variance Direct Material Quantity Variance 2. Caiculate Crystal Cham, direct labor vanances for the month 0, January (Round your intermediate calculations Direct Labor Rate Variance Direct Labor Efficiency Variance