Bridgeware Company has a materials price standard of $6.00 per pound. Two thousand pounds of materials were purchased at $6.60 a pound. The actual quantity of materials used was 2,000 pounds, although the standard quantity allowed for the output was 1,800 pounds.

Bridgeware Company's materials price variance is:

A) $120 U.
B) $1,200 U.
C) $1,080 U.
D) $1,200 F.

Bridgeware Company's materials quantity variance is

A) $1,200 U.
B) $1,200 F.
C) $1,320 F.
D) $1,320 U.