During June, Zinc Company produced 10,000 chainsaw blades. The standard quantity of material allowed per unit was 2 pounds of steel per blade at a standard cost of $5 per pound. Zinc determined that it had a favorable materials usage variance of $1,500 for June. Calculate the actual quantity of materials used by Zinc Company in June.

a.13,305 pounds

b.12,645 pounds

c.19,700 pounds

d.17,425 pounds

Craydye makes all sorts of moldings. Its standard quantity of material allowed is 1 foot of wood per 1 foot of molding at a standard price of $3.00 per foot. During August, it purchased 200,000 feet of wood at a cost of $2.00 per foot, which produced only 199,000 feet of molding. Calculate the materials price variance and the materials usage variance.

a.$400,000 F and $1,000 U

b.$600,900 U and $2,500 F

c.$200,000 F and $3,000 U

d.$700,000 U and $4,000 F