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 OL. 50.10 per ot. $ 0.20 Water 20 gal. $0.05 per gal 1.00 Direct labor 0.75 hr. 59.68 per hr. 6.75 During the month of July, Collin's employees gove 360 baths. The actual results were 725 ounces of shampoo used (cost of $116). 6,500 gallons of water used cost of $455), and labor costs for 230 hours (cost of $2,300) 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 materials variances for both shampoo and water for the month oluly (Indicate the effect of cach vanance by selecting for favorable, "U" for unfavorable, and "None" for no effect (e, zero variance). Round your answers to 2 decimal places) Shampoo Water Dived Material Price Variance Direct Material ocenty Variance ca 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 02 $0.10 per oz. $ 0.20 Water 20 gal. 50.05 per gall 1.00 Direct labor 0.75 h. 59.00 per hr. 6.75 During the month of July Collin's employees gave 360 baths. The actual results were 725 ounces of shampoo used (cost of $116). 6,500 gallons of water used (cost of $455), and labor costs for 230 hours (cost of $2,300) 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 (le, tero variance) Direct Labor Rate Varance Direct Labor Efficiency Vanance