There is also a part B, C1 and C2

Vaughn 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 3,760 gallons $285,760 3,520 gallons $281,600 $4,160 U Besler Building 3,740 $291,720 3,960 $316,800 25,080 F Cartwright Building 4,510 $369,820 4,240 $339,200 30,620 V Total variance $9.700 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. (Round price per unit to 2 decimal places, e.g. 15.25.) VAUGHN Painting Service Variance Report - Purchasing Depart For the month ended XX Actual Gallons Purchased Actual Price Standard Price Project Arrow Building Besler Building Cartwright Building Total price variance eTextbook and Media Save for Later