Gary 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. $1,224 440 lbs. $1,100 $124 U Chang 400 880 410 1,025 145 F Wyco 570 1,482 480 1,200 282 U Shown below are quantity and cost data for each project. Actual Standard Project Quantity Costs Quantity Costs Total Variance Remington 510 lbs. $1,224 440 lbs. $1,100 $124 U Chang 400 880 410 1,025 145 F Wyco 570 1,482 480 1,200 282 U Total variance $261 U (a) Prepare a variance report for the purchasing department. (Round actual and standard price per pound answe 1.25.) Actual Project Pounds Purchased Remington Chang Wyco Total price variance 510 400 570 GARY LANDSCAPING Variance Report-Purchasing Depa For the Current Month Actual Price Per Pound Standard Price Per Pound $ (13860) $ 52815 GARY LANDSCAPING ce Report-Purchasing Department For the Current Month andard ice Per Pound Price Variance Favorable Favorable Explanation Purchased Poor-quality Seeds Seeds on Sale Unfavorable Price/lb. Increased Favorable Prepare a variance report for the production department. (Round standard price per pound to 2 decimal places, e.g. 1.25.) GARY LANDSCAPING Variance Report-Production Dep For the Current Month Standard Price Per Actual Standard Project Pounds Pounds Remington Chang Wyco Pound $