1. james landscaping data reports

Question 1 of 4 > -/10 E View Policies Current Attempt in Progress James 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. Standard Actual Quantity Costs Project Quantity Costs Total Variance Remington 510 lbs. $1.224 450 lbs. $1.125 $99 U Chang 400 880 410 1,025 145 F Wyco 550 1.430 480 1,200 230 V Total variance $184 U Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal pla 1.25.) JAMES LANDS Variance Report - Purch For the Curren Actual Pounds Purchased Actual Price Per Pound Standard Price Per Pound Project Remington UA $ Chang Wyco Total price variance Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal placeses. 1.25.) JAMES LANDSCAPING Report - Purchasing Department For the Current Month ndard te Per sund Price Variance Explanation $