Suds & Cuts is a local pet grooming shop owned by Colin Bark Collin has prepared the following standard cost card for each dog bath given: Shampoo Mater Direct labor Standard Quantity standard rate 2.2 oz. $ 0.50 per os. 20 gal. $0.00 per al 1.3 hr. $11.00 per hr. standard brit Cout $ 1.10 0.80 14.30 During the month of July, Collin's employees gave 400 baths. The actual results were 750 ounces of shampoo used (cost of $435.00). 7,000 galons of water used (cost of $560), and labor costs for 340 hours (cost of $4,216). 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 up for favorable, u for unfavorable, and "None" for no effect te zero variance)) Shampoo Water Direct Material Price Variance Direct Material Quantity Variance Standard Unit Cost Standard Quantity 2.2 oz. 20 1.3 her Shampoo water Direct Labor 11.10 Standard Rate $ 0.50 per $ 0.04 per gall $11.00 per hr 0.80 During the month of July, Collin's employees gave 400 baths. The actual results were 750 ounces of shampoo used (cost of $435.00) 7,000 gallohs of water used (cost of $560), and labor costs for 340 hours (cost of $4,216). 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 effecte, ero variance). Round your answers to nearest dollar amount) Direct Labor Rate Variance Direct Labor Efficiency Variance