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 480 baths. The actual results were 790 ounces of shampoo used (cost of $560.90). 7.800 gallons of water used (cost of $624 ), and labor costs for 420 hours (cost of $5.544). 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. 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 places. Indicate the effect of each variance by selecting " F " for favorable, "U" for unfavorabie, and "None" for no effect (i.e., zero variance). 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 \&i 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 "Nonet for nog effect (W.a. zero variance), Round your answers to nearest dollar amount