-/40 Current Attempt in Progress Swifty 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 Quantity Costs Project Standard Quantity Costs 440 lbs $1,144 Total Variance Remington 520 lbs $1.248 $104 U Chang 400 880 410 1,066 186 F Wyco 570 1,539 490 1.274 265 U Total variance $183 U (a) Pretor the chain dartment Round actual and standart - 40 (5) Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal places es 1.250 SWIFTY LANDSCAPING Variance Report - Purchasing Depa For the Current Month Project Actual Pounds Purchased Actual Price Per Pound Standard Price Per Pound Remington Chang Wyco Total price variance (6) Prepare a variance report for the production department. (Round standard price per pound to decimal places 1.25) (a) Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal places es 125) SWIFTY LANDSCAPING ariance Report - Purchasing Department For the Current Month Standard Price Per Pound Price Variance Explanation Prepare a variance report for the production department. (Round standard price per pound to 2 decimrial places, es, 1.25) SWIFTY LANDSCAPING Variance Report - Production Depa For the Current Month Project Actual Pounds Standard Pounds Standard Price Per Pound Remington Chang $ Wyco Total quantity variance eTextbook and Media Sove for (b) Prepare a variance report for the production department. (Round standard price per pound to 2 decimal places, es 1.25) SWIFTY LANDSCAPING Variance Report - Production Department For the Current Month Standard Price Per Pound Quantity Variance Explanation eTextbook and Media