Question: Cheyenne Landscaping plants grass seed as the basic landscaping for business campuses. During a recent month, the company worked on three projects (Remington, Ching, and

 Cheyenne Landscaping plants grass seed as the basic landscaping for business
campuses. During a recent month, the company worked on three projects (Remington,
Ching, 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

Cheyenne Landscaping plants grass seed as the basic landscaping for business campuses. During a recent month, the company worked on three projects (Remington, Ching, 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 sted. 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 Total Project Quantity Costs Quantity Costs Variance Remington 530 lbs $1,272 440 lbs $1.100 $172U Chang 400 880 1.025 145 Wyco 550 1.430 440 1.100 330 U Total variance $357U 410 F Prepare a variance report for the purchasing department (Round actual and standard price per pound answers to 2 decimal places e.x. 1.25.) CHEYENNE LANDSCAPIN Variance Report - Purchasing D For the Current Month Actual Actual Standard Project Pounds Purchased Price Per Pound Price Per Pound Remington Chang Wyco Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2. decimal places e.g. 1.25.) CHEYENNE LANDSCAPIN Variance Report - Purchasing D For the Current Month Actual Actual Standard Project Pounds Purchased Price Per Pound Price Per Pound Remington $ Chang Wyco Total price variance eTextbook and Media Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal places c.8. 1.25.) AEYENNE LANDSCAPING eport - Purchasing Department For the Current Month dard Pound Price Variance Explanation . Purchased poor quality seeds Seeds on sale Price increased $ e Textbook and Media Prepare a variance report for the production department. (Round standard price per pound to 2 decimal places, e.s. 1.25) CHEYENNE LANDSCAPIN Variance Report - Production D For the Current Month Standard Price Per Pound Actual Pounds Standard Pounds Project Remington Chang Wyco Total quantity variance e Textbook and Media Prepare a variance report for the production department (Round standard price per pound to 2 decimal places, e.g. 1.25.) HEYENNE LANDSCAPING Report - Production Department For the Current Month ard Pound Explanation Quantity Variance $ Purchased poor quality seeds Purchased higher quality seeds New employee 5 e Textbook and Media

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