Question 1 of 4 > -/10 E View Policies Current Attempt in Progress Charles Landscapine 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 Standard Actual Quantity Costs Project Quantity Costs Total Variance Remington 540 lbs $1.296 430 lbs $1,075 $221 U Chang 400 880 410 1.025 145 F Wyco 590 1.534 450 1.125 409 U Total variance $485 U (a) Prepare a variance report for the purchasing department (Round actual and standard price per pound answers to 2 decimal places eg. 1.25) CHARLES LANDSCAPING Variance Report - Purchasing Dep For the Current Month Actual Pounds Purchased Actual Price Per Pound Standard Price Per Pound Project Remington $ $ $ Chang Wyco Total price variance (a) Prepare a variance report for the purchasing department. (Round actual and standard price per pound answers to 2 decimal places es 1.25) CHARLES LANDSCAPING Variance Report - Purchasing Department For the Current Month Standard Price Per Pound Price Variance Explanatior (a) Prepare a variance report for the purchasing department (Round actual and standard price per pound answers to 2 decimal places es. 1.25) CHARLES LANDSCAPING Report - Purchasing Department For the Current Month idard e Per und Price Variance Explanation