Suds \& Cuts is a local pet grooming shop owned by Collin Bark, Collin has prepated the following standard cost card for each dog bath given: During the month of July, Collin's employees gave 380 baths. The actual results were 740 ounces of shampo0 used (cost of $259.00) ) 6.800gallons of water used (cost of $544 ), and labor costs for 320 hours (cost of $3.840. Required: 1. Calculate Suds \& Cuts, direct matentals 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 5uds \& Cuts, direct materials variances for both shampoo and water for the month of July. Note: Round your intermediate calculatioms ond final answers to 2 decimal places, indicate the effect of each variance by selecting y" for favorable, " U " for untavorable, and "None" lor no effect (t.e, 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, Coliti's employees gave 380 baths. The actival results were 740 ounces of shampoo used (cost of $259.00). 6,800 gallons of water used (cost of $544 ), and labor costs for 320 hours (cost of $3.840). Required: 1. Calculate Suds \& Cuts, direct materials yariances for both shampoo and woter 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 6 Cuts, direct labor variances for the month of luly. Note: Indicate the elfect of each variance by selecting "F" for favorable, "Y" for unfavorobie, and "Nonein" for no effect the. zero yortance). Round your answess to nearest dollar amount