Suds \& Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for each dog bath glven: During the month of July. Collin's employees gave 430 baths. The actual results were 765 ounces of shampoo used (cost of $153.00 ) 7,300 gallons of water used (cost of $584 ), and labor costs for 370 hours (cost of $4,551). 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. Caleulate Suds a cuts, direct materials vaciances for both shampoo and water for the month of July. Note: flound your intermediate calculations and finat onswers to 2 decimal places, indicate the effect of each variance by. weicting "7" for fovorable, "U" for unfavorable, and "None" for ne effect (he efw, zera variance). Complete this question by entering your answers in the tabs below. Calculate Suds \& 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 "None" for no effect (li.e., zero variance). Round your answers to nearent dollar amount