Check my worka E9-5 (Algo) Calculating Direct Materials and Direct Labor Variances [LO 9-3, 9-4] 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 Quantity Standard Rate Shampoo Water 2.8 oz. $ 0.48 per oz. 26 gal. $0.04 per gal. Direct labor 1.6 hr. $12.00 per hr. Standard Unit Cost $ 1.12 1.04 19.20 During the month of July, Collin's employees gave 460 baths. The actual results were 780 ounces of shampoo used (cost of $405.60). 7,600 gallons of water used (cost of $608), and labor costs for 400 hours (cost of $5,400). 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.