Crystal Charm Company makes handerafted silver charms that attach to jeweiry such as a necklace or bracelet. Each charm is adorned with two crystais of various colors Standard costs follow During the month of January. Crystal Cham made 1.560 charms. The company used 823 ounces of siver (total cost of $22221 and 12.530 crystals (total cost of $2,88190), and pald for 2,490 actual direct labor hours (cost of $36,105.00, Required: 1. Calculote Crystal Charm's direct materials variances for silver and crystals for the month of January 2. Calculate Crystal Charm's direct labor valances for the month of January Complete this question by entering your answers in the tabs below. Caloulate Cryital Charms direct materiats variances foc sitver and crystals for the month of January. (found your intermectiate calculations and final answers to 2 decimal placei. Indicate the aftect of each varlance by shlecting the for favorable, "u fot unfavorable, and "Hone" for no eftect 0.n. zero variancej) Crystal Charm Company makes handcrafted silver charms that attach to jeweity such as a necklace or bracelet. Each charm is adorned with two crystals of various colors. Standard costs follow: During the month of January, Crystal Charm made 1,560 charms. The comparty used 823 ounces of silver (totai cost of $222221 and 12.530 crystals (total cost of $2.88190 ), and paid for 2.490 actual direct labor hours (cost of $36.105.00 ) Required: 1. Caiculate Crystal Charm's direct materials variances for silver and crystals for the month of January. 2. Calculate Crystal Charm's direct labor vaitances for the month of January. Complete this question by entering your answers in the tabs below. Calculate Cyyital charm's direct labor varianceu for the month of aanuary. (alound your intermeclate calculations and fina answers to 2 decinal places. Indicate the effect of each variance by selecting " /" for faverable, "OP for unfavorable, and twone- for no offect (i.e-sero variance)