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: Standard Quantity Standard Standard RateUnit Cost Shampoo Water Direct labor 1.3 oz. S 0.30 per oz. 11 gal. S0.04 per gal. 0.85 hr. $ 9.00 per hr. 0.39 0.44 7.65 During the month of July, Collin's employees gave 310 baths. The actual results were 705 ounces of shampoo used (cost of $232.65), 6,100 gallons of water used (cost of $427), and labor costs for 250 hours (cost of $2,600) Required: 1. 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.) Shampoo Water Direct Material Price Variance Direct Material Quantity Variance