Question 1 Ayaya 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 controling 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 WWyce 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 Total Variance Costs Remington 510 bs. $1,224 450 s $1125 $99 U Chant 400 BB0 410 1,02s 145 F Wyce 550 1,430 480 1,200 230 U Total variance SI4 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.) AYAYAI LANDSCAPING Varlance Report - Purchasing Department For the Current Month Actual Project Actual Standard Price Per Pound Pounds Purchased Price Per Pound Price Variance Explanation Remington Purchased poor-quality seeds Chang v Seeds on sale Wyco v Price increased Total price variance LINK TO TEXT LINK TO TEXT Prepare a variance report for the production department. (Round standard price per pound to 2 decimal places, e.g. 1.25.) AYAYAI LANDSCAPING Varlance Report - Production Department For the Current Month Standard Price Per Pound Explanation Actual Pounds Standard Pounds Project Quantity Variance Purchased poor-quality seeds Remington Purchased higher-quality seeds Chang New employee Wyco Total quantity variance Click if you would like to Show Work for this question: Open Show Work