Subway, the fast-food restaurant franchise, came out with a promotion offering two footlong subs for $10 during the early days of the Covid-19 pandemic as a way to drive traffic to its restaurants. Franchise owners were not happy with the promotion, claiming they lost money on every sub sold. Assume that the costs related to […]
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Crossword puzzle to review job costing in managerial accounting
September 28, 2022 
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Below are links to a crossword puzzle to review job costing in managerial accounting. Both links are to the same puzzle, but one has a solution enabled and the other does not. Job costing crossword puzzle: Share this link with your students to have them work on the puzzle without access to the solution. Job […]
Continue readingWould job costing or process costing be used for gummy bears produced at the US Haribo manufacturing plant?
September 27, 2022 0 Comments
Haribo has manufactured gummy bears since 1920. Those bears are currently made in 16 plants around the world. Starting in late 2022 or early 2023, those gummy bears will also be made in the US when Haribo finishes construction on its new plant in Pleasant Prairie, Wisconsin. Worldwide, about 100 million gummy bears are made […]
Continue readingFree webinar: “Low Man on the Totem Pole – How I Became a White-Collar Criminal”
September 26, 2022 9 Comments
The Akron chapter of the Institute of Management Accountants (IMA) is sponsoring a webinar on white-collar crime – “Low Man on the Totem Pole – How I Became a White-Collar Criminal.” The webinar is on Wednesday, October 19, 2022, from 6:30 – 8 pm Eastern. Registration is at this link. I cannot emphasize enough what […]
Continue readingWhat quality costs will the J.M. Smucker Company incur from its recall of Jif peanut butter?
September 15, 2022 2 Comments
The J.M. Smucker Company (Smuckers) issued a voluntary recall in 2022 for several Jif peanut butter products manufactured in its Lexington, Kentucky, manufacturing facility. Jif peanut butter products were potentially linked to a multistate outbreak of Salmonella. Salmonella is an organism that cause serious and sometimes fatal infections in people. This recall potentially covers millions […]
Continue readingWould sweetFrog use job costing or process costing in calculating the cost of a customer’s cup of frozen yogurt and toppings?
September 6, 2022 8 Comments
sweetFrog is a frozen yogurt restaurant franchise with over 300 locations in the United States and several more international locations. Customers select the flavor of frozen yogurt they want and fill their cup from the self-serve machine with the desired amount of the frozen yogurt. Next the customer will proceed to the toppings bar, where […]
Continue readingWhat product costs and period costs go into making Dunkin’ donuts?
August 15, 2022 0 Comments
The first Dunkin’ restaurant opened in 1948 in Quincy, Massachusetts, and is still in operation today. The recipe for Dunkin’ donuts has been a secret for 65 years. To see how Dunkin’ donuts are made, see the video at https://www.youtube.com/watch?v=EwTRmfWUxlw (0:43 min.). The Dunkin’ donuts at a restaurant are not usually made at that location. […]
Continue readingWhat steps are in the value chain for vegetables grown and sold by Dussel Farm?
August 10, 2022 0 Comments
Dussel Farm Feed Store is a family owned and operated farm and store that has been in the Dussel family since 1948. It grows and sells a wide variety of produce, including vegetables and fruits. In addition to the produce, Dussel operates a feed store. Each year, it plants a variety of vegetables, such as […]
Continue readingWhat professional accounting certifications might an accountant earn?
August 4, 2022 3 Comments
In the United States, accountants have a variety of certifications from which to choose to enhance their skill sets and further their career prospects. Some of these certifications are: View a quick tutorial video about professional accounting certifications at this link and then answer the following questions. Questions Copyright 2022 Wendy M. Tietz, LLC
Continue reading30-minute webinar on Google Sheets data cleaning project this Tuesday, July 19, 1 pm Eastern
July 18, 2022 2 Comments
Are you interested in data cleaning and visualization? Do your students use Google Sheets? Want a ready-made project for your class that uses Google Sheets for data cleaning and visualization? I have developed a case that is suitable for introductory accounting that uses just Google Sheets – and I provide step-by-step tutorial videos, making it […]
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