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 Unit Cost Standard 2.8 oz. 26 gal. 1.6 hr. S 0.40 per oz. 0.04 per gal $12.00 per hr $ 1.12 Shampoo Water Direct labor .04 19.20 During the month of July, Collin's employees gave 460 baths. The actual results were 780 ounces of shampoo used (cost of $405.60), 7,600 gallons of water used (cost of $608), and labor costs for 400 hours (cost of $5,400). 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.) Water $304.00 U $174.40 F Direct Material Price Variance 93.60 U Direct Material Quantity Variance203.20 F 2. Calculate Suds&Cuts direct labor variances for the month of July. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Round your answers to nearest dollar amount.) Direct Labor Rate Variance 600 Direct Labor Efficiency Variance