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Crystal Charm Company makes handerafted silver charms that attach to jeweiry such as a necklace or bracelet. Each charm is adorned with two crystals of

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Crystal Charm Company makes handerafted silver charms that attach to jeweiry 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 1,650 charms. The company used 785 ounces of silver (total cost of $18,055 ) and 3,350 crystals (total cost of $1,105,50 ), and paid for 2,625 actual direct labor hours (cost of $30,187,50 ). Required: 1. 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. Calculate Crystal Charm's direct materials variances for silver and crystals for the month of fanuary. Note: Round your intermediate calculations and final answers to 2 decimal placoti. Indicate the offect of each variance by selecting "p" for fivorable, "un for unfavorable, and "None" for no effect (i.e., rero variance)

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