GPB Mfg started the year with no opening DM, WIP, or Finished Goods. Below are the details the Materials: Budgeted Units to Produce = 10,000 Actual Units Produced = 11,000 Standard DM per Finished Good = 5 KG Actual DM Purchased in Period = 66,000 KG Actual DM Used in Production = 62,000 KG Budgeted Cost per DM Unit = $10/KG Actual Cost per DM Unit = $9.50/KG All units started in the year were completed. What is the DM Efficiency Variance? Question 5 options: $70,000 U $70,000 F $33,000 F $110,000 U