E9-5 (Algo) Calculating Direct Materials and Direct Labor Variances [LO 9-3, 9-4] 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 Quantity Standard I Shampoo 1.4 oz. $0.40 per c Water 12 gal. $0.04 perc Direct labor 0.9 hr. $9.00 per h During the month of July, Collin's employees gave 320 baths. The actual results were 710 ounces of shampoo used (cost of $340.80), 6,200 gallons of water used (cost of $434), and labor costs for 260 hours (cost of $2,756). Required: 1. Calculate Suds & Cuts direct materials variances for both shampoo and water for the month of July. 2. Calculate Suds & Cuts direct labor of July ating Direct ct Labor 9-4] et grooming ark. Collin has standard cost given: ard ity JZ. Standard Rate $0.40 per oz. jal. $0.04 per gal. ir. $9.00 per hr. Standard Unit Cost $ 0.56 0.48 8.10 1, Collin's iths. The actual of shampoo 6,200 gallons 434), and labor t of $2,756). direct >oth shampoo of July. s direct labor of July. During the month of July, Collin's employees gave 320 baths. The actual results were 710 ounces of shampoo used (cost of $340.80), 6,200 gallons of water used (cost of $434), and labor costs for 260 hours (cost of $2,756). 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. Complete this questic below. Required 1 Required 2 Calculate Suds & Cuts di water for the month of J Indicate the effect of eac unfavorable, and "None" Complete this questic below. Required 1 Required 2 Calculate Suds & Cuts di water for the month of J Indicate the effect of eac unfavorable, and "None" Direct Material Price Variance Direct Material Quantity Variance on by entering your ans irect materials variances f July. (Round your answers ch variance by selecting "I I for no effect (i.e., zero v Shampoo Water Complete this questic below. Required 1 Required 2 Calculate Suds & Cuts di (Indicate the effect of ea unfavorable, and "None" answers to nearest dolla Direct Labor Rate Variance Direct Labor Efficiency Variance uestion by entering you Cuts direct labor variances t of each variance by selec None" for no effect (i.e., Z t dollar amount.) < Required 1 Requ