Colin Drury‚ Management and Cost Accounting – Boston Creamery Boston Creamery Professor John Shank‚ The Amos Tuck School of Business Administration Dartmouth College This case is reprinted from Cases in Cost Management‚ Shank‚ J. K. 1996‚ South Western Publishing Company. The case was prepared by Professor John Shank from an earlier version he wrote at Harvard Business School with the assistance of William J. Rauwerdink‚ Research Assistant. This case deals with the design and use of formal
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Colin Drury‚ Management and Cost Accounting – Blessed Farm Partnership Blessed Farm Partnership Rona O’Brien (Sheffield Hallam University) with Jayne Ducken‚ Antony Head and Susan Richardson This case study is taken from Ducker‚ J.‚ Head‚ A.‚ McDonnell‚ B.‚ O’Brien‚ R. and Richardson‚ S. (1998)‚ A Creative Approach to Management Accounting: Case Studies in Management Accounting and Control‚ Sheffield Hallam University Press‚ ISBN 086339 791 3. Introduction This case study is set in the
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Case Name: Boston Creamery‚ Inc. Short Cycle Process: Who: Frank Roberts‚ VP Sales & Marketing‚ Boston Creamery‚ Inc. When: December 31‚ 1973 Where: Case facts not given Issues: 1. The current variance analysis used for the 1973 fiscal years shows an overall favorable net variance of $71‚700. This is an aggregate net figure based upon the favorable variance due to sales and the unfavorable variance due to operations. This net variance figure fails to highlight areas of deficiency to help identify
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Cowgirl Chocolates Analysis Cowgirl chocolates are the design of Marilyn Lysohir and her husband‚ Ross Coates in 1997. Marilyn is a ceramicist and lecturer who is internationally known and has a successful ceramic art business. Ross is a sculptor and a professor of fine arts at a nearby University. As a labor of love‚ Marilyn and Ross began publishing a once-a-year arts magazine called High Ground. More a multimedia product than a magazine‚ the 600-copy production of this product does not pay
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suggested retail price and wholesale prices of Cowgirl Chocolates products are displayed in Exhibit 2 (p. 491) along with the product and packaging costs. Based on this information‚ discuss the relative merits of using a cost-based‚ demand-based‚ or competition-based pricing method. COST-BASED PRICING: This procedure‚ on the part of Cowgirl Chocolates could be utilized for pricing through lowering the cost of packaging and advertising as well. The Cowgirl Chocolate has already created a website (http://www
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1. 2. Breakeven=Total Fixed Expenses/Weighted Average Selling Price-Weighted Average Variable Expenses Using Suggested Retail Prices: Weight Average Selling price= (2.99x50%)+(6.95X16%)+(14.95x12%)+(5.95x10%)+(2.95x7%)+(8.95x1%)+(24.95x1%)+(39.95x1%)+(59.95x1%)+(19.50X1%) =1.495+1.112+1.794+.595+.2065+.0895+.2495+.3995+.5995+.195 =$6.7355 Weighted Average Variable Expenses= (1.16x50%)+(2.35X16%)+(4.78x12%)+(2.5x10%)+(.97x7%)+(2.95x1%)+(9.05x1%)+(11.02x1%)+(23.06x1%)+(7.42X1%) =.58+.376+.5736+.25+
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using a) Will’s old costing method; b) The new costing method. 1 1a) Based on Will’s old costing method (Volume Based Costing): • California Creamery has a budgeted manufacturing overhead of $600‚000 and a budgeted direct labour cost of $300‚000 • Overhead rate per direct labour cost => $600‚000/$300‚000 = $2 From Exhibit 2 CALIFORNIA CREAMERY‚ INC. Two Product Examples (2004 Data) Polynesian Fantasy • Direct labour $1.20/gallon Overhead assigned to: Vanilla $1.20/gallon Polynesian
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“Cowgirls Don’t Cry” The song I chose to analyze was “Cowgirls Don’t Cry” by Brooks and Dunn. This song’s lyrics really speaks to me because I was always told this when I was younger and I rode my horse. My Aunt would always tell me‚ “If you fall or get thrown‚ brush it off and Cowgirl up don’t you cry and get back in that saddle.” At first the tone is strong like the father was being towards the daughter telling her that “Cowgirls Don’t Cry”. Then as the lyrics go further on the tone changes
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running. Cowgirl Chocolates‚ primarily run by Marilyn‚ with help from family and art associates is branded based on the concept that chocolate lovers are fun and adventuress in spirit and whimsical. Cowgirl chocolates caters to both Chocolate lovers and spicy food fans. Cowgirl chocolates are manufactured by Seattle Chocolates a private label company well know for working with a Frango chocolatier to create their chocolates. After the final product is created incorporating a receipt of Cowgirl spices
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1.1 - Company Overview Marble Slab Creamery is a leading purveyor of super-premium hand-mixed ice cream and the innovator of the now famous “frozen slab” technique. Founded in 1983‚ the Houston-based company offers homemade ice cream that is prepared to order on a marble slab‚ using a variety of mix-ins. The brand’s slogan is called “the freshest ice cream on earth” and has now expanded to over 400 locations worldwide. Locally‚ Marble Slab Creamery is owned and franchised by Thirty Three Pte
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