PLEASE HELP! I NEED THE ANSWER ASAP! THANK YOU SO MUCH!!Round your answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable FOR FIRST QUESTION. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable FOR SECOND QUESTION

value 10.00 points 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: StandardStandard Standard Quantity 1.7 oz $ 0.70 peroz 1.19 Rate Unit Cost Shampoo Water Direct labor 15 gal. $ 0.05 per gal. 1.05 hr. $10.00 per hr 0.75 10.50 During the month of July. Collin's employees gave 350 baths. The actual results were 725 ounces of shampoo used (costor $558 25),6,500 gallons of water used (cost of $455), and labor costs for 290 hours (cost of $3,306). 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.) Shampoo Water Direct Material Price Variance Direct Material Quantty Variance 2. Galtuiate Sugs & Cute dpect bra ot nh of lul, tindicate the effect of each variance by selecting "F for favorable,"u for unfavorable.) Direct Labor Rate Variance Direct Labor Eficiency Vanance