Sunland Painting Service specializes in painting tall office buildings. During a recent month, the company worked on three painting projects (the Arrow Building the Besler Building and the Cartwright Building). The company is interested in controlling the materials costs, namely the paint, used for these painting contracts. 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 paint for the Arrow Building project. The Besler Building project, however, received higher-than-standard-quality paint that was on sale. The Cartwright Building project received standard-quality paint. However, the price had increased and a new employee was used to paint the building. Shown below are quantity and cost data for each project. Actual Standard Total Project Quantity Costs Quantity Costs Variance Arrow Building 3,770 gallons $290,290 3,510 gallons $284,310 $5,980 U Besler Building 3,720 $293,880 3,940 $319,140 25.260 F Cartwright Building 4,450 $369,350 4,150 $336,150 33,200 U Total variance $13,920 U Prepare a variance report for the purchasing department with the following columns: (1) Project. (2) Actual Gallons Purchased, (3) Actual Price, (4) Standard Price, (5) Price Variance, and (6) Explanation. Project Arrow Building Besler Building Cartwright Building Total price variance Actual Gallons Purchased 10 $ 19 $ Actual Price 69 Sunland Painting S Variance Report - Purchasi For the month end Standard Price Prepare a variance report for the purchasing department with the following columns: (1) Project, (2) Actual Gallons Purchased, (3) Actual Price, (4) Standard Price, (5) Price Variance, and (6) Explanation. Sunland Painting Service ariance Report - Purchasing Department For the month ended XX tandard Price Price Variance Explanation Prepare a variance report for the purchasing department with the following columns: (1) Project. (2) Actual Gallons Purchased, (3) Actual Price, (4) Standard Price, (5) Price Variance, and (6) Explanation. d Painting Service t-Purchasing Department month ended XX is $ Price Variance Explanation >