Check my work 07 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: 3 points Standard Standard Quantity Standard Rate Unit Coat Shampoo 2.4 0. $ 0.70 per or $ 1.60 water 22 gal. $ 0.06 per gal. 1.32 Direct labor 1.4 hr. 511.00 per hr. 15.40 Shipped ebook During the month of July, Collin's employees gave 420 baths. The actual results were 760 ounces of shampoo used cost of $600.40). 7.200 gallons of water used (cost of $648), and labor costs for 360 hours (cost of $4,536). Required: 1. Calculate Suds & Cuts direct materials variances for both shampoo and water for the month of July. 2. Calculate Suds & Cuts direct labor variances for the month of July. Hint References Complete this question by entering your answers in the tabs below. Required 1 Required 2 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, and "Nonefor na effect (.e., zero variance).) Shampoo Water Direct Material Price Variance Direct Material Quantity Variance Rogue Required 2 > 5 3 points Suds & Cuts is a local pet grooming shop owned by Collin Bark Colinhas prepared the following standard cost card for each dog bath given: Standard Standard Quantity tandard Rate Unit Cont Shampoo 2.4o. 0.70 per on. $ 1.60 Water 22 gal. 5 0.06 per gal. 1.32 Direet Labor 1.4 hr. $11.00 per hr. 15.40 Book During the month of July, Colin's employees gave 420 baths. The actual results were 760 ounces of shampoo used (cost of $600.40), 7,200 gallons of water used (cost of $648), and labor costs for 360 hours (cost of $4,536). Required: 1. Calculate Suds & Cuts direct materials variances for both shampoo and water for the month of July, 2. Calculate Suds & Cuts direct labor variances for the month of July. Hint References Complete this question by entering your answers in the tabs below. Required 1 Required Calculate Suds & Cuts direct labor variances for the month of July. (Indicate the effect of each variance by selecting " for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your answers to nearest dollar amount.) Direct Labor Rate Variance Direct Labor Efficiency Variance