Woods Enterprises prepared the following standard costs for production of one stuffed bear: Direct materials: 1.5 pounds of stuffing at $2 per lb Direct labor: 2 hours of assembly at $15 per hour Actual production costs for the production of 1,000 stuffed bears required 1,750 pounds of stuffing at a cost of $1.95 per pound and 1,950 labor hours at $15.25 per hour. a) Calculate the direct material price variance b) Calculate the direct material usage variance