Project		Quantity			Costs		Quantity			Costs		Total Variance
Remington		540	lbs.		$1,296		450	lbs.		$1,125		$171	U
Chang		400			920		410			1,025		105	F
Wyco		650			1,690		540			1,350		340	U
Total variance												$406	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.)

ROBERT 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		enter actual pounds purchased		$enter Actual Price Per Pound in dollars rounded to 2 decimal places		$enter Standard Price Per Pound in dollars rounded to 2 decimal places		$enter price variance in dollars		select an option Neither favorable nor unfavorableUnfavorableFavorable		select an explanation Price/lb. IncreasedSeeds on SalePurchased Poor-quality SeedsNew EmployeePurchased Higher-quality Seeds
Chang		enter actual pounds purchased		enter Actual Price Per Pound in dollars rounded to 2 decimal places		enter Standard Price Per Pound in dollars rounded to 2 decimal places		enter price variance in dollars		select an option Neither favorable nor unfavorableUnfavorableFavorable		select an explanation Seeds on SalePrice/lb. IncreasedNew EmployeePurchased Higher-quality SeedsPurchased Poor-quality Seeds
Wyco		enter actual pounds purchased		enter Actual Price Per Pound in dollars rounded to 2 decimal places		enter Standard Price Per Pound in dollars rounded to 2 decimal places		enter price variance in dollars		select an option Neither favorable nor unfavorableUnfavorableFavorable		select an explanation Price/lb. IncreasedNew EmployeePurchased Poor-quality SeedsSeeds on SalePurchased Higher-quality Seeds
Total price variance								$enter a total amount		select an option Neither favorable nor unfavorableUnfavorableFavorable

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

ROBERT LANDSCAPING Variance Report Production Department For the Current Month
Project		Actual Pounds		Standard Pounds		Standard Price Per Pound		Quantity Variance				Explanation
Remington		enter actual pounds		enter standard pounds		$enter Standard Price Per Pound in dollars rounded to 2 decimal places		$enter Quantity variance in dollars		select an option Neither favorable nor unfavorableFavorableUnfavorable		select an explanation New EmployeePrice/lb. IncreasedSeeds on SalePurchased Poor-quality SeedsPurchased Higher-quality Seeds
Chang		enter actual pounds		enter standard pounds		enter Standard Price Per Pound in dollars rounded to 2 decimal places		enter Quantity variance in dollars		select an option UnfavorableNeither favorable nor unfavorableFavorable		select an explanation Price/lb. IncreasedNew EmployeePurchased Higher-quality SeedsPurchased Poor-quality SeedsSeeds on Sale
Wyco		enter actual pounds		enter standard pounds		enter Standard Price Per Pound in dollars rounded to 2 decimal places		enter Quantity variance in dollars		select an option Neither favorable nor unfavorableUnfavorableFavorable		select an explanation Purchased Higher-quality SeedsPurchased Poor-quality SeedsPrice/lb. IncreasedNew EmployeeSeeds on Sale
Total quantity variance