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

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Blue 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 510 lbs. $1,224 410 lbs. $1,025 $199 U Chang 400 920 410 1,025 105 F Wyco 610 1,586 500 1,250 336 U Total variance $430 U BLUE LANDSCAPING Variance Report - Purchasing Department For the Current Month Actual Pounds Purchased Actual Price Per Pound Standard Price Per Pound Price Var 510 $ $ $ Un 400 Fav 610 Un $ $ Un 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.) BLUE LANDSCAPING Variance Report - Production Department For the Current Month Standard Price Per Pound ds Standard Pounds Quantity Variance $ $ $ $

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