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Suds & Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for each dog bath
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 Rate Standard Unit Cost
Shampoo 1.8 oz. $ 0.10 per oz. $ 0.18
Water 16 gal. $ 0.05 per gal. 0.80
Direct labor 1.1 hr. $ 10.00 per hr. 11.00
During the month of July, Collins employees gave 360 baths. The actual results were 730 ounces of shampoo used (cost of $131.40), 6,600 gallons of water used (cost of $528), and labor costs for 300 hours (cost of $3,480).
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.
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