Sucts \& Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for cach dog bath given During the month of July, Collin's employees gave 450 baths. The actual results were 775 ounces of shampoo used (cost of $2867= 7,500 gallons of water used (cost of $600), and labor costs for 390 hours (cost of $5.226 ). 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. Calculate Suds \& Cuts, direct materials variances for both shampoo and water for the month of July. Note: Round your intermediate calculations and final answers to 2 decimal placer. Indicate the effect of each variance by Note: Round your intermediste caiculations and final answers to 2 dect (i.e, zero variance). selecting " F " for favorable, " U " for unfavorable, and "None" for no effect Suds 8 Cuts is a focal pot grooming shop owned by Collin Bork. Collin has prepared the following standard cost card for each dog bath giver: During the month of July, Collin's employees gave 450 baths. The actual results were 775 ounces of shampoo used (cost of $28675) 500 gallons of water used (cost of $600 ), and labor costs for 390 hours (cost of $5,226 ). Required: 1. Calculate Suds \& Cuts, direct materials variances for both shampoo and water for the month of July. - Calculate Suds \& Cuts, direct labor variances for the month of July. Complete this question by entering your answers in the tabs below. Calculate Suds 8 . Cuts, direct labor variances for the month of July. Note: Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (Le., zero variance). Round your answers to nearest dollar arnount