Shampoo Water Direct labor Standard Standard Quantity Standard Rate Unit Cost 1.6 02. 5 0.60 per ox $ 0.96 14 gal. $ 0.05 per gal. 0.70 Ihr. $10.00 per hr. 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. 2. Calculate Suds & Cuts direct labor variances for the month of July, Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate Suds & Cuts direct labor variances for the month of July. (Indicate the effect of each variance by selecting "P" 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