Freemark Abbey Winery Case Study Quantitative Business Analysis Dallas Baptist University Case Analysis – Case 21 (Bodily‚ Carraway‚ Frey Jr.‚ and Pfeifer‚ 1998) William Jaeger‚ partner and owner of Freemark Abbey Winery‚ has a crop of Riesling grapes that are close to ripening with a possible rainstorm approaching. Freemark produces 1‚000 cases per year of Riesling wine‚ which equates to 12‚000 bottles. Mr. Jaeger has to decide on whether to harvest the grapes right now or let the grapes
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Case 21 Freemark Abbey Winery Freemark Abbey Winery was established by the members of partnership. William Jaeger is one of the member own the company. It is located in St. Helena‚ California in the northern Napa Valley where the winery can produce the best grape quality. Each year Freemark Abbey can produce 25‚000 cases of wine bottled and there is 1000 cases of Riesling. (12 bottles of wine in each case) Jaeger needs to make a decision to maximize the profit and minimize the loss depending
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ENGG439 Case Study - Week 5 North Land Winery are a solid‚ well established‚ family-based winemaker headquartered in Wollongong‚ NSW. After ongoing success the vintners have addressed the idea of expanding their wine distribution to Ontario situated in Eastern-Canada. So far NLW’s most innovative product involves soil-aged merlots and chardonnay grapes grown in areas prone to wild fires which was labeled "Deep Burn". The purpose of these wines were to exploit these wild fires to give the wines
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Accounting decisions Case: Accounting at MacCloud winery Methodological note We want to distinguish between Economic “facts/data” – No need to discuss them – Taken for granted Accounting “issues” – The topic of our discussion – We will follow the order of the case questions Accounting at McCloud Winery The MacCloud winery 5 acres of land One building Accounting at McCloud Winery 1: The building Worth $32‚000 Leased for 10 years for $5‚000 per year How
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| | |$ 32 000‚00 |- | |- |$ 32 000‚00 | |$ 32 000‚00 |$ 32 000‚00 | Figure 1 The book value the building is $ 32‚000 MacCloud Winery assumes use of the building for 10 years ( term of the lease )‚ so by this period will be linearly amortized value of the building ($ 32‚000: 10 years = $ 3200) in the form of remission of fixed assets‚ which then will be transferred to the account
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ALTERNATIVES 1. Frog’s Leap Winery could apply a new strategy of trying to buy up smaller wineries and vineyards in an effort to gain some bargaining power over customers. This would be possible because it would hopefully decrease the overall supply of wine in the market to fulfill the customers’ demand. Also‚ this strategy could decrease the competition in the wine market. 2. To take advantage of the higher gross margins provided by direct sales to consumers‚ Frog’s Leap Winery could benefit from foreign
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In the case of the Benziger Family Winery‚ is being faced with the decision of whether or not Chris Benziger should invest in an ISO 14000 certification. The answer is yes‚ he should pursue the certification in an attempt to strengthen his knowledge that his company already has about being environmentally friendly. This will strengthen his position on the market as a leader in wine industry. In pursuing the certification‚ he will also educate other growers on the importance of a strong environmental
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Case study on MacCloud Winery Questions 1. Applying the principles of accrual accounting‚ how should Mike treat the expenditures for the land‚ vines‚ vine planting‚ fertilizing‚ water? Be specific regarding the treatment over time‚ including amounts‚ and the rationale for the treatments. Answer: Following the key accrual accounting concepts: Conversation‚ Realization and Matching‚ we think Mike should treat the expenditures as follows: |No. |Item Description |Treatment
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MICHAEL SHAPS WINERY: EVALUATING THE “CUSTOM CRUSH” OPPORTUNITY Case Analysis This report is consistent with our signed Academic Integrity Form on file with the instructor. Name: Crispin Gutierrez (100281381) Due Date: November 4‚ 2014 Instructor: Amanda Bickell Definition of Success
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Camp Happy Valley is a summer day camp which is located in London‚ Ontario. It formed in 1965‚ and as a not-for-profit organization. Camp Happy Valley engages in create a positive and safe atmosphere for children to increase their experience. Sue Johnson is the director of this camp and work for hiring the super staff team. Adam Cameron is the programmer for Happy Valley. The process of hiring and training staff was low efficiency‚ and the camp’s morale was depressed. Camp Happy Valley needs to make
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