9.3

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: Shampoo Water Direct labor Standard Quantity Standard Rate 1.6 oz. $ 0.60 per oz. 14 gal. $ 0.05 per gal. 1 hr. $10.00 per hr. Standard Unit Cost $ 0.96 0.70 10.00 During the month of July, Collin's employees gave 340 baths. The actual results were 720 ounces of shampoo used (cost of $482.40), 6,400 gallons of water used (cost of $448), and labor costs for 280 hours (cost of $3,080) 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 Water Direct Material Price Variance Direct Material Quantity Variance