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 Unit Cost QuantityStandard Rate 2 oz. 0.30 per oz 18 gal. 0.05 per gal 1.2 hr. $11.00 per hr S 0.60 Water Direct labor 0.90 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. (Round your answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Required 1. 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.) Orect Material Plice a Oret Material Quanity Variance 2. Calculate Suds & Cuts direct labor variances for the month of July. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable. Round your answers to nearest dollar amount)