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 0.60 oz. $ 24.00 per oz. $ 14.40

Crystals 4.00 $ 0.45 per crystal 1.80

Direct labor 1.50 hrs. $ 14.00 per hr. 21.00

During the month of January, Crystal Charm made 1,500 charms. The company used 350 ounces of silver (total cost of $7,350) and 3.050 crystals (total cost of $701.50) and paid for 2,400 actual direct labor hours (cost of $34,800.00).Required:1. Calculate Crystal Charm's direct materials price and quantity variances for silver and crystals for the month of January. Indicate whether each variance is favorable or unfavorable.2. Calculate Crystal Charm's direct labor rate and efficiency variances for the month of January. Indicate whether each is favorable or unfavorable.

silver

direct materials price  variance   =  $1,050 favorable

direct materials quantity  variance =  $13,200 favorable

Crystals

direct materials price  variance = $671 favorable

direct materials quantity  variance =$1,327.50 favorable

direct labor

direct materials rate variance =  $1,200 unfavorable

direct materials efficiency  variance =$2,100 favorable

Explanation:

silver

direct materials price  variance = (Aq×Ap)-(Aq×Sp)

                                                   = (350×$21,00)-(350×$24.00)

                                                   =  $1,050 favorable

direct materials quantity  variance = (Aq×Sp)-(Sq×Sp)

                                                         = (350×$24.00) -(1,500×0,60×$24.00)

                                                         = $13,200 favorable

Crystals

direct materials price  variance = (Aq×Ap)-(Aq×Sp)

                                                   = (3,050×$0,23)-(3,050×$0.45)

                                                   =  $671 favorable

direct materials quantity  variance = (Aq×Sp)-(Sq×Sp)

                                                         = (3,050×$0.45) -(1,500×4.00×$0.45)

                                                         = $1,327.50 favorable

direct labor

direct materials rate variance = (Aq×Ap)-(Aq×Sp)

                                                   = (2,400×$14,50)-(2,400×$14.00)

                                                   =  $1,200 unfavorable

direct materials efficiency  variance = (Aq×Sp)-(Sq×Sp)

                                                         = (2,400×$14.00) -(1,500×1.50×$14.00)

                                                         = $2,100 favorable

b $274.07

step-by-step explanation:

you just devide 222 by 0.81

answer; /// the correct answer is (shared); /// good luck