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I need help with the following. I'm lost since I did the calculations and they seem to be constantly producing different results: Culver Landscaping plants
I need help with the following. I'm lost since I did the calculations and they seem to be constantly producing different results:
Culver Landscaping plants grase 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 wood, for these planting projects. In order to provide management with useful cost control information, the company uses starded costs and prepares morth y variage reports. Analysis reveals that the purchas ng agent mistakenly purchased poor quality seed for the Remington project. The Chang project, however, received higher project received sardard-quality seed. However, the price had increased and a new employee was used to spread the reed. Shown below are quantity and cost data for each project. Actual Standard Project Total Variance Quantity 530 lbs. Rernington Costs $1,272 920 1,593 Quantity 450 lbs. 410 $102 U Costs $1,170 1,066 1,195 Chang Wyco 590 456 397 U $35) U Total verance Your answer is pertially correct. Try agen. Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal places e.g. 1.25.) CULVER LANDSCAPING Varance Report - Purchasing Department For the Current Month Project Actual Pounds Purchased Actual Price Per Pound Standard Price Per Pound Price Variance Explanation Rernington Favorable - Purchased poor-quality seeds Chang 400 T 12.6 Favorable Seeds on sale Wych Pro Increased Total price variance L a Tavorable Your answer is partially correct. Try again. Prepare a variance report for the production department. (Round standard price per pound to 2 decimal places, e.g. 1.25.) CULVER LANDSCAPING Variance Report - Production Department For the Current Month Project Explanation Actual Pounds Standard Price Per Pound Standard Pounds Quantity Variance Remington 530T 450 2.6 -208 Unfavorable Purchased poor-quality seeds Chang 400 410 26 Favorable 1 Purchased higher-quality seeds Wyco 590 4 460] 2.0) -338 TT Unfavorable New employee Total quantity variance -520 ITT Unfavorable Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXTStep by Step Solution
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