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can you help me finish this I am not sure what to do. Thomas Landscaping plants grass seed as the basic landscaping for business campuses.
can you help me finish this I am not sure what to do.
Thomas 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 520 lbs S11.248 450 lbs. $1,170 $78 U Chang 400 920 410 1.066 145 F Wyco 620 1,674 550 1.430 244 U Total variance $176 U Prepare a variance report for the purchasing department (Round actual and standard price per pound answers to 2 decimal placeses L250) THOMAS LANDSCAPING Variance Report - Purchasing Department For the Current Month Actual Price per Paund Standard Price per Pound Price Varlance 5 2.40 S 2.800 LOL Favorable 2.30 250 20 Favorable 2.70 2.30 182 Unraverable ad Favorable (6) Drenare variance HOMAS LANDSCAPING Report - Purchasing Department For the Current Month ird ler d Price Variance Explanation 2.60 $ 104 Favorable Purchased Higher-qually Seeds 2.60 3120 Favorable Seeds on Sale 2.50 62 Unfavorable Seeds on Sale S 286 Favorable (6) Prepare a variance report for the production department. (Round standard price per pound to 2 decimal places, eg. 1.25.) HOMAS LANDSCAPING eport - Production Department For the Current Month ird ker d Quantity Variance Explanation 2.60 S 182 Unfavorable 2.60 26 Favorable v 2.60 182 Unfavorable S 338 Unfavorable e Textbook and Media Save for later Last saved 14 minutes ago Explanation purchased Higher-qualiseeds Price to increased Purchased Poor-quality Seeds Seedson Sale Purchased Higher quality Seeds New Employee standard price per pound to 2 decimal places, eg: 1 250) Explanation ble
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