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Jason Landscaping plants grass seed as the basic landscaping for business campuses. During a recent month, the company worked on three projects (Remington, Chang, and

Jason 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. $1,224 430 lbs. $1,118 $106 U Chang 400 880 410 1,066 186 F Wyco 600 1,620 460 1,196 424 U Total variance $344 U Actual Actual Price Per Pound Pounds Project Purchased Remington Chang Wyco Total price variance JASON LANDSCAPING Variance Report - Purchasing Depar For the Current Month $ Standard Price Per Pound +A $ Project Actual Pounds Standard Pounds Remington Chang Wyco Total quantity variance JASON LANDSCAPING Variance Report - Production Depa For the Current Month $ Standard Price Per Pound +A +A

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