Suds & Cuts is a local pet groommy shop owned by Collin Bark Collin has prepared the following standard cost card for each dog bath given Shampoo Water Direct labor Standard Quantity Standard Rate 2.60 $ 0.2e per oz. 24 gal. $ 0.05 per gal 1.5hr $12.00 per bir Standard Unit cost $8.52 1.20 16.00 During the month of July. Collin's employees gave 440 baths. The actual results were 770 ounces of shampoo used (cost of $23100); 7.400 gallons of water used (cost of $592), and labor costs for 380 hours (cost of $4,940). 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 for favorable, "ufor unfavorable, and "Noget for no effect ( zero variance)