Bramble Landscaping plants grass seed as the basic landscaping for business campuses. During a recent month, the company worked on three projects (Remington, Chang, and Wyco). The company is interested in controlling the materials costs, namely the grass seed, for these plantings projects.

Bramble Landscaping plants grass seed as the basic landscaping for business campuses. During a recent month, the company worked on three projects (Remington, Chang, and Wyco). The company is interested in controlling the materials costs, namely the grass seed, for these plantings projects. In order to provide management with useful cost control information, the company uses standard costs and prepares monthly variance reports. Analysis reveals that the purchasing agent mistakenly purchased poor-quality seed for the Remington project. The Chang project, however, received higher-than-standard-quality seed that was on sale. The Wyco project received standard-quality seed. However, the price had increased and a new employee was used to spread the seed. Shown below are quantity and cost data for each project. Actual Standard Project Quantity Costs Quantity Costs Total Variance Remington 530 lbs. $1,272 460 Ibs. $1,196 $76 U Chang 400 880 410 1,066 186 F Wyco 650 1,755 540 1,404 351 U Total variance $241 U Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal places e.g. 1.25.) BRAMBLE LANDSCAPING Variance Report - Purchasing Department For the Current Month Standard Price Variance Price Per Pound Project Actual Pounds Purchased Actual Price Per Pound Explanation Remington Purchased poor-quality seeds $ $ $ Chang Seeds on sale Wyco Price increased Total price variance $ Prepare a variance report for the production department. (Round standard price per pound to 2 decimal places, e.g. 1.25.) BRAMBLE LANDSCAPING Variance Report - Production Department For the Current Month Standard Price Per Pound Quantity Variance Project Actual Pounds Standard Pounds Explanation Remington Purchased poor-quality seeds $ $ Chang Purchased higher-quality seeds Wyco New employee Total quantity variance Show transcribed image text