6. Choice (You must choose 6 questions from among #'s 5-13 to answer): Using the following example, identify AND calculate the two cost variances, AND the TOTAL DM Variance, associated with the example (Direct Materials Price Variance; Direct Materials Efficiency Variance). Standard costs for producing 1,000 units of a product are 1,600 pounds of material at $9.00 per pound. Actual costs for producing 1,000 units of the product were 1,500 pounds of material at $9.25 per pound