Homework Answers
Cost drivers:
1. Number of vineyards(cost per vineyard)
2. Number of vineyards(cost per vineyard)
3. Number of vineyards(cost per vineyard)
4. Number of vineyards(cost per vineyard)
5. Number of carts per variety(cost per cart)
6.Number of carts per variety(cost per cart)
7. Weight of grapes per variety (cost per pound)
8. Number of tanks/barrels per variety(cost per tank/barrel)
9.Number of tanks/barrels per variety(cost per tank/barrel)
10. Number of bottles per variety(cost per bottle)
11.Number of cases per variety(cost per case)
12. Number of cases per variety(cost per case)
13. Number of cases per variety(cost per case)
14. Number of bottles produced during the fiscal year as per variety(cost per variety)
15.Number of bottles produced during the fiscal year as per variety(cost per variety)
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E17.7 (LO 2) Rojas Vineyards in Oakville, California, produces three varieties of non-alcoholic wine: merlot, Viognier,...
v akes Winery is a small, family-run operation in upstate New York. The winery produces two Winery, Classiication...
v akes Winery is a small, family-run operation in upstate New York. The winery produces two Winery, Classiication inrof wine: riesling and chardonnay. Among the activities engaged in by the winery are the Activities wine ollowing: (LO 5-2, 5-3, 5-7) At the end of a growing season, the vines are trimmed, which helps prepare them for the next harvest. The vines are tied onto wires to help protect them from the cold. (This also occurs at the end of the...
Problem 4. (24 marks) Niagara Winery produces small batch, unique wines. Grapes are purchased from local...
Problem 4. (24 marks) Niagara Winery produces small batch, unique wines. Grapes are purchased from local vineyards and then blended in creative ways. Except for the vintner (the person who actually makes the wine) process requires no direct labor, since it is entirely automated. One ton of grapes costs between S1,200 and $3,500 and makes 65 bottles of wine. Since each batch is different, the firm uses an ABC system. There are three cost pools: blending (vintner hours), ageing (number...
Louis Viggio was struggling to determine how to price his new offering of cabernet sauvignon wine...
Louis Viggio was struggling to determine how to price his new offering of cabernet sauvignon wine (commonly called simply cab) from his winery. He knew that even though he was setting a price for the wine that came from grapes harvested in 2013, it was going to be a reference price for distributors, retailers, and consumers for all the cab he would be producing in the future. Louis also knew he could use some cash flow since he had been...
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers....
Benton Corporation produces two grades of non-alcoholic wine
from grapes that it buys from California growers. It produces and
sells roughly 3,000,000 liters per year of a low-cost, high-volume
product called CoolDay. It sells this in 600,000 5-liter jugs.
Benton also produces and sells roughly 300,000 liters per year of a
low-volume, high-cost product called LiteMist. LiteMist is sold in
1-liter bottles. Based on recent data, the CoolDay product has not
been as profitable as LiteMist. Management is considering dropping...
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers....
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low-cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs. Benton also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called LiteMist. LiteMist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as LiteMist. Management is considering dropping...
Waterway Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers....
Waterway Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low- cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs, Waterway also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Mist. Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as Lite Mist...
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers....
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low-cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs. Benton also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Mist. Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as Lite Mist. Management...
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers....
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low-cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs. Benton also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Mist. Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as LiteMist. Management is...
Bonita Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers....
Bonita Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low-cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs. Bonita also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as Lite Mist. Management is...
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers....
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low-cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs. Benton also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Mist. Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as Lite Mist. Management...
v akes Winery is a small, family-run operation in upstate New York. The winery produces two Winery, Classiication inrof wine: riesling and chardonnay. Among the activities engaged in by the winery are the Activities wine ollowing: (LO 5-2, 5-3, 5-7) At the end of a growing season, the vines are trimmed, which helps prepare them for the next harvest. The vines are tied onto wires to help protect them from the cold. (This also occurs at the end of the...
Problem 4. (24 marks) Niagara Winery produces small batch, unique wines. Grapes are purchased from local vineyards and then blended in creative ways. Except for the vintner (the person who actually makes the wine) process requires no direct labor, since it is entirely automated. One ton of grapes costs between S1,200 and $3,500 and makes 65 bottles of wine. Since each batch is different, the firm uses an ABC system. There are three cost pools: blending (vintner hours), ageing (number...
Benton Corporation produces two grades of non-alcoholic wine
from grapes that it buys from California growers. It produces and
sells roughly 3,000,000 liters per year of a low-cost, high-volume
product called CoolDay. It sells this in 600,000 5-liter jugs.
Benton also produces and sells roughly 300,000 liters per year of a
low-volume, high-cost product called LiteMist. LiteMist is sold in
1-liter bottles. Based on recent data, the CoolDay product has not
been as profitable as LiteMist. Management is considering dropping...
Waterway Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low- cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs, Waterway also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Mist. Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as Lite Mist...
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low-cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs. Benton also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Mist. Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as Lite Mist. Management...
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low-cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs. Benton also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Mist. Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as LiteMist. Management is...
Bonita Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low-cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs. Bonita also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as Lite Mist. Management is...
Benton Corporation produces two grades of non-alcoholic wine from grapes that it buys from California growers. It produces and sells roughly 3,000,000 liters per year of a low-cost, high-volume product called CoolDay. It sells this in 600,000 5-liter jugs. Benton also produces and sells roughly 300,000 liters per year of a low-volume, high-cost product called Lite Mist. Lite Mist is sold in 1-liter bottles. Based on recent data, the CoolDay product has not been as profitable as Lite Mist. Management...
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