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 Standard Quantity Standard Rate Unit Cost Shampoo 2.6 0. 5.0.20 per on. $ 0.52 Water 24 gal. $ 0.05 per gal. 1.20 Direct Labor 1.5 hr. $12.00 per hr. 18.00 During the month of July, Collin's employees gave 440 baths. The actual results were 770 ounces of shampoo used (cost of $231.00). 7,400 gallons of water used (cost of $592), and labor costs for 380 hours (cost of $4,940). 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.) Shampoo Water Direct Material Price Vrance Direct Material Quantity Variance 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. Round your answers to nearest dollar amount.) Direct Labor Rate Variance Direct Labor Emiciency Variance