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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

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

$enter a total amount

select an option FavorableNeither favorable nor unfavorableUnfavorable

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