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: Duting the month of July. Collin's employees gave 350 baths. The actual results were 700 ounces of shampoo used (cost of $182.00 ). 6,000 gallons of water used (cost of $420 ), and labor costs for 240 hours (cost of $2.448 ). 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 declmal places. Indicate the effect of each varkance by selecting " F " for favorable, "U" for unfavorable, and "None" for no effect (I.e, zero varlance). Suds \& Cuts is a local pet grooming shop owned by Collin Bark. Colin has prepared the following standard cost card for each dog bath given: During the month of July, Collin's employees gave' 350 baths. The actual results were 700 ounces of shampoo used (cost of $182.00 ) 6,000 gallons of water used (cost of $420 ), and labor costs for 240 hours (cost of $2,448 ). 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