Use the following information for questions 9 & 10 Bridgeware Company has a materiais 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 1600 pounds, although the standard quantity allowed for the output was 1,800 pounds. Bridgeware Company's materials price variance is? Multiple Choice $1080 F O $1,200 F $1,080 U $1,200 U