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 eac bath given: Shampoo Kater Direct labor Standard Quantity 1.9 oz. $ 0.20 per oz. 17 gal. 1.15 hr. Standard Rate Standard Unit Cost $ 0.38 $ 0.04 per gal. $10.00 per hr. 0.68 11.50 During the month of July, Collin's employees gave 370 baths. The actual results were 735 ounces of shampoo used (cost of $205.# 6.700 gallons of water used (cost of $536), and labor costs for 310 hours (cost of $3.658). 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 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 "None" for no effect (ie, zero variance).) Shampoo Water