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 Price(Rate)	Standard Unit Cost
Silver	0.50 oz	$28.00 per oz	$14.00
Crystals	3.00	$0.35 crystal	1.05
Direct Labor	1.50 hrs	$17.00 per hour	25.50

During the month of January, Crystal Charm made 1,580 charms. The company used 755 ounces of silver (total cost of $21,895) and 4,790 crystals (total cost of $1,580.70), and paid for 2,520 actual direct labor hours (cost of $41,580.00).

Required:

1. Calculate Crystal Charms direct materials variances for silver and crystals for the month of January.

2. Calculate Crystal Charms direct labor variances for the month of January.

Required 1: Calculate Crystal Charms 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, and "None" for no effect (i.e., zero variance).)

Required 2: Calculate Crystal Charms direct labor variances 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, and "None" for no effect (i.e., zero variance).)

NEED THIS RIGHT!! Please!