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Bramble Landscaping plants grass seed as the basic landscaping for business campuses. During a recent month, the company worked on three projects (Remington, Chang, and
Bramble 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. BRAMBLE LADSCAPTO Variance Leport-Purchasing Depa: For the Current Month Chang Wyco Total price variance BRAMBLE LANDSCAPING e Report-Purchasing Deparment For the Current Month andard ice Per Price 'ound Variance Explanation $ $ Prepare a variance report for the production department. (Round standard price per pound to 2 decimol places, es 125.) BRAMBLE LANDSCAPINO Report-Production Deparment For the Ourrent Month andard ice Per Quantity 'ound Variance Explanation $
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