Tag Archives: labor rate variance

What impact does the rising cost of avocados have on Wholly Guacamole’s variances?

The cost of avocados is rising. For example, the price of a 20-pound box of avocados from the state of Avocado prices from Michoacán state in Mexico has jumped to $38 from $21, which is an 81% increase. The current price of avocados is the highest price on record in data that goes back to […]

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How would the strike at Just Born, the maker of Peeps, impact its standard costing variances?

Just Born Quality Confections (Just Born) makes marshmallow Peeps, Mike and Ikes, Hot Tamales, and other candies. The company has approximately 600 employees and is privately-held. Its headquarters and Peeps factory are in Bethlehem, Pennsylvania.  In September 2016, the factory employees represented by the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union of America Local 6 […]

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