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: Shampoo Water Direct labor Standard Quantity ounces gallons hour 2.5 23 1.45 Standard Rate $0.10 per ounces $0.04 per gallons $11.00 per hour 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. Required 1 Required 2 Complete this question by entering your answers in the tabs below. Standard Unit Cost $0.25 0.92 15.95 Direct Material Price Variance Direct Material Quantity Variance Calculate Suds & Cuts, direct materials variances for both shampoo and water for the month of July. Note: Round your intermediate calculations and final answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Show less A Shampoo

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: During the month of July, Collin's employees gave 430 baths. The actual results were 765 ounces of shampoo used (cost of $153.0 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. Calculate Suds \& Cuts, direct materials variances for both shampoo and water for the month of July. Note: Round your intermediate calculations and final answers to 2 decimal places. Indicate the effect of each variance by selecting " F " for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). 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: During the month of July, Collin's employees gave 430 baths. The actual results were 765 ounces of shampoo used (cost of $153.0 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. 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 (i.e., zero variance). Round your answers to nearest dollar amount