Question: aniel Landscaping plants grass seed as the basic landscaping for business campuses. During a recent month, the company worked Free projects (Remington, Chang, and Wyco).
aniel Landscaping plants grass seed as the basic landscaping for business campuses. During a recent month, the company worked Free projects (Remington, Chang, and Wyco). The company is interested in controlling the materials costs, namely the grass seed, fe hese plantings projects. order to provide management with useful cost control information, the company uses standard costs and prepares monthly ariance reports. Analysis reveals that the purchasing agent mistakenly purchased poor quality seed for the Remington project. The hang project, however, received higher-than-standard-quality seed that was on sale. The Wyco project received standard-quality eed. However, the price had increased and a new employee was used to spread the seed. hown below are quantity and cost data for each project. Actual Standard Project Quantity Costs Quantity Total Variance Costs $1,248 520 lbs. 430 lbs. $1.118 $130 V Remington 920 410 1.066 146 F 400 Chang 241 1.352 U 1,593 590 520 Wyco $225 U AL GO Total variance aniel Landscaping plants grass seed as the basic landscaping for business campuses. During a recent month, the company worked Free projects (Remington, Chang, and Wyco). The company is interested in controlling the materials costs, namely the grass seed, fe hese plantings projects. order to provide management with useful cost control information, the company uses standard costs and prepares monthly ariance reports. Analysis reveals that the purchasing agent mistakenly purchased poor quality seed for the Remington project. The hang project, however, received higher-than-standard-quality seed that was on sale. The Wyco project received standard-quality eed. However, the price had increased and a new employee was used to spread the seed. hown below are quantity and cost data for each project. Actual Standard Project Quantity Costs Quantity Total Variance Costs $1,248 520 lbs. 430 lbs. $1.118 $130 V Remington 920 410 1.066 146 F 400 Chang 241 1.352 U 1,593 590 520 Wyco $225 U AL GO Total variance
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