Sud5 \& Cuts is a local pet grooming shop owred by Collin Bark. Collin has prepared the following standard cost card for each dog bath given: During the month of July, Collin's employees gave 400 baths. The actual results were 750 ounces of shampoo used (cost of $435.00 ) 7.000 gallons of water used (cost of $560 ), and labor costs for 340 hours (cost of $4216 ). Required: 1. Calculate Suds \&. Cuts direct materials variances for both shampoo and water for the month of July 2. Calculate Suds \& Cuts direct labor varankes for the month of July. Complete this question by entering your answers in the tabs below. Calculate suds 8 Cuts direct materials variances for both shampoo and water for the month or 2uly. (Round your answers to 2 decimal piaces, tedicate the etfect of each valance by selecting FF for tavonble. WU for untavorable, and toone- for ne effect the zero variance). 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: During the month of July, Collin's employees gave 400 baths. The actual results were 750 ounces of shampoo used (cost of 5435.00 ) 7,000 gallons of water used (cost of $560 ), and labor costs for 340 hours (cost of $4,216) ) Required: 1. Calculate Suds & Cuts direct matenals vanances 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 8 cuts direct labor variances for the month of July. (indicate the effect of esch variance by selecting "F- for favorable, -is for unfavorable, and "Wone' for no eftect (i., zero vadiance). Found yout answern to nearect dollar amount