Suds & Cuts Is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for each dog bath glven: Standard Standard Quantity Standard Rate Unit Cost Shampoo 2 oz. $ 0.30 per oz. $ 0.60 Water 18 gal. $ 0.05 per gal. 0.90 Direct labor 1.2 hr. $11.00 per hr. 13.20 During the month of July, Collin's employees gave 380 baths. The actual results were 740 ounces of shampoo used (cost of $259.00). 6,800 gallons of water used (cost of $544), and labor costs for 320 hours (cost of $3,840). 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 of July. (Round your answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance).) Shampoo 37.000 $ Direct Material Price Variance Direct Material Quantity Variance Water U 2.00 F $ Required 2 >