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* NWP Assessment Player UI Appli x + X | Student Portal | Main * $ Thread View | LCS Learning Platf X * Search Results | Course Hero X WP BUS-317 Topic 08 Assignment 8https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=c9a782cd-5d67-4dc2-b680-921fafa3a65d#/question/0 BUS-317 Topic 08 Assignment Question 1 of 4 - / 10 View Policies Current Attempt in Progress William 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 Ibs. $ 1,272 440 $ 1,100 $ 172 Chang 400 880 410 1,025 145 F Wyco 550 1,430 440 1,100 330 U Total variance $ 357 U (a) Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal places e.g. 1.25.) WILLIAM LANDSCAPING Variance Report - Purchasing Depan For the Current Month Actual Actual Standard Pounds Price Per Price Per Project Purchased Pound Pound $ $ $ Remington Chang| Student Portal | Main * $ Thread View | LCS Learning Platf X * Course Hero X WP BUS-317 Topic 08 Assignment * NWP Assessment Player UI Appli x + X @ https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=c9a782cd-5d67-4dc2-b680-921fafa3a65d#/question/0 - BUS-317 Topic 08 Assignment Question 1 of 4 - /10 Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal places e.g. 1.25.) WILLIAM LANDSCAPING Variance Report - Purchasing De For the Current Month Actual Actual Standard Pounds Price Per Price Per Project Purchased Pound Pound Remington $ $ Chang Wyco Total price variance (b Prepare a variance report for the production department. (Round standard price per pound to 2 decimal places, e.g. 1.25.) WILLIAM LANDSCAPING nce Report - Production Department For the Current Month Standard Price Per Quantity Pound Variance Explanation| Student Portal | Main x | Thread View | LCS Learning Platf X * Course Hero X WP BUS-317 Topic 08 Assignment * NWP Assessment Player UI Appli x + X @ https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=c9a782cd-5d67-4dc2-b680-921fafa3a65d#/question/1 ... - BUS-317 Topic 08 Assignment Question 2 of 4 View Policies Current Attempt in Progress Indicate which of the four perspectives in the balanced scorecard is most likely associated with the objectives that follow. 1. Percentage of repeat customers. 2. Number of suggestions for improvement from employees. 3. Contribution margin. 4. Brand recognition. 5. Number of cross-trained employees. 6. Amount of setup time. e Textbook and Media Save for Later Attempts: 0 of 5 used Submit Answer| Student Portal | Main * $ Thread View | LCS Learning Platf X * Course Hero X WP BUS-317 Topic 08 Assignment * NWP Assessment Player UI Appli x + X @https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=c9a782cd-5d67-4dc2-b680-921fafa3a65d#/question/2 BUS-317 Topic 08 Assignment Question 3 of 4
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