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 2.9 oz. 27 gal. Shampoo Water Direct labor 1.65 hr. Standard Rate $ 0.50 per oz. $ 0.04 per gal. $12.00 per hr. During the month of July, Collin's employees gave 470 baths. The actual results were 785 ounces of shampoo used (cost of $471.00). 7.700 gallons of water used (cost of $616), and labor costs for 410 hours (cost of $5,371). Standard Unit Cost $ 1.45 1.08 19.80 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, Required 1 Complete this question by entering your answers in the tabs below. Required 2

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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
2.9 oz.
27 gal.
Standard Rate
$ 0.50 per oz.
Shampoo
Water
5 0.04 per gal.
Direct labor 1.65 hr. $12.00 per hr.
Standard
Unit Cost
$ 1.45
1.08
19.80
During the month of July. Collin's employees gave 470 baths. The actual results were 785 ounces of shampoo used (cost of $471.00).
7,700 gallons of water used (cost of $616), and labor costs for 410 hours (cost of $5,371).
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.
Direct Material Price Variance
Direct Material Quantity Variance
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 "F" for favorable, "U" for unfavorable, and "None" for no
effect (ie, zero variance).)
Shampoo
Water
Transcribed Image Text: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 2.9 oz. 27 gal. Standard Rate $ 0.50 per oz. Shampoo Water 5 0.04 per gal. Direct labor 1.65 hr. $12.00 per hr. Standard Unit Cost $ 1.45 1.08 19.80 During the month of July. Collin's employees gave 470 baths. The actual results were 785 ounces of shampoo used (cost of $471.00). 7,700 gallons of water used (cost of $616), and labor costs for 410 hours (cost of $5,371). 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. Direct Material Price Variance Direct Material Quantity Variance 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 "F" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variance).) Shampoo Water
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