Suds & Cuts is a local pet grooming shop owned by Colin Bark Colinhas prepared the following standard cost card for each og bath giver -3 points standard Quantity date it out Shampoo 2.7 0.30 per o 0.51 water 25 al 0.05 per al 1.25 Direct labor 1.55 h $12.00 per 18.00 Hit Print During the month of July Collin's employees gave 450 baths. The actual results were 775 ounces of shampoo used cost of $286 282 7,500 gallons of water used (cost of $600), ond labor costs for 300 hours (cost of $5,226) Required: 1. Calculate Suds & Cuts direct materiala variances for both shampoo and water for the month of July 2. Calculate Suds & Cuts direct labor variances for the month of July, Reference Complete this question by entering your answers in the tabs below. Required: Required 2 Calculate Suds a Cuts direct materials Vances for both shampoo and water for the month of Mulyround your answer ta decimal places. Indicate the effect of each variance by selecting for favorable, u for unfavorable, and hone" for effect ( zero variance) Shampoo Direct Material Price Varance Direct Material Quantity Variance 2 WO Suds & Cuts is a local pet grooming shop owned by Colin Bark. Colinhas prepared the following standard cost card for each dog bath giver: Standard Standard Quantity Standard atent cost Shampoo 2.70 50.30 per or $0.1 Water 25 gal. $ 0.05 per gal. 1.25 Direct labor 1.55 hr. $12.00 per he 3 points Book Hint Print References During the month of July, Collin's employees gave 450 boths. The actual results were 775 ounces of shampoo uned (cost of $286.75), 7,500 gallons of water used (cost of $600), and labor costs for 390 hours (cost of $5,226). 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. Required 1 Required 2 Calculate Suds & Cuts direct labor variances for the month of July (Indicate the effect of each variance by selecting for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variance). Round your answers to nearest dollar amount.) Direct Labor Rate Variance Direct Labor Efficiency Variance