Question 42 (2.5 points) Dana, Inc. recently uses standard costing system. During the last period, the company completed 56,000 units of a product that was expected to consume 4 pounds of direct material per finished unit. The standard price of the direct material was $8.50 per pound. During the period, the firm purchased and consumed 228,000 pounds in manufacturing for a total of $1,881,000. Calculate the DM price variance and DM quantity variance, respectively. $57,000 F and $34,000 F $57,000 U and $34,000 F $57,000 U and $34,000 U $57,000 F and $34,000 U