2 Suds & Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for each dog bath given Standard Unit Cost 10 points Shampoo Mater Direct labor Standard Quantity Standard Rate 1.3 $8.30 per oz. 11 gal. 50.04 per gal 0.85 hr. 59.00 per hr. 7.65 eBook During the month of July Collin's employees gave 310 baths. The actual results were 705 ounces of shampoo used (cost of $232.65). 6,100 gallons of water used (cost of $427), and labor costs for 250 hours (cost of $2,600) Required: 1. Calculate Suds & Cuts direct materials variances for both shampoo and water for the month of July (Round your answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Shampoo U Water U Direct Material Price Variance Direct Material Quantity Variano U U 2. Calculate Suds & Cuts direct labor variances for the month of July (indicate the effect of each variance by selecting for favorable, "U" for unfavorable. Round your answers to nearest dollar amount.) Direct Labor Rate Varance Direct Labor Chicony Variance 350 122