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 320 baths. The actual results were 710 ounces of shampoo used (cost of $340.80 6,200 gallons of water used (cost of $434 ), and labor costs for 260 hours (cost of $2,756 ). 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 Juty. Note: Round your intermedlate 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 320 baths. The actual results were 710 ounces of shampoo used (cost of $340.80). 6,200 gallons of water used (cost of $434 ), and labor costs for 260 hours (cost of $2.756) Required: 1. Calculate Suds \& Cuts, direct materials variances for both shampoo and water for the month of July. 2. Calculate Suds \& Cuts, direct lobor 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 unfavonable, and "None: for no eftect (i.e. zero varlance), Round your answers to nearest dollar amount