Grouper 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		530	lbs.		$1,272		420	lbs.		$1,050			$222	U
Chang		400			880		410			1,025			145	F
Wyco		600			1,560		500			1,250			310	U
Total variance													$387	U

Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal places e.g. 1.25.)

GROUPER LANDSCAPING Variance Report Purchasing Department For the Current Month
Project		Actual Pounds Purchased		Actual Price Per Pound		Standard Price Per Pound		Price Variance			Explanation
Remington				$		$		$	Neither favorable nor unfavorableUnfavorableFavorable		Purchased poor-quality seeds
Chang									FavorableNeither favorable nor unfavorableUnfavorable		Seeds on sale
Wyco									UnfavorableFavorableNeither favorable nor unfavorable		Price increased
Total price variance								$	FavorableUnfavorableNeither favorable nor unfavorable

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Prepare a variance report for the production department. (Round standard price per pound to 2 decimal places, e.g. 1.25.)

GROUPER LANDSCAPING Variance Report Production Department For the Current Month
Project		Actual Pounds		Standard Pounds		Standard Price Per Pound		Quantity Variance			Explanation
Remington						$		$	FavorableNeither favorable nor unfavorableUnfavorable		Purchased poor-quality seeds
Chang									UnfavorableFavorableNeither favorable nor unfavorable		Purchased higher-quality seeds
Wyco									UnfavorableFavorableNeither favorable nor unfavorable		New employee
Total quantity variance