In 2015, when the avian flu hit egg producers hard, there was a shortage of eggs. Egg prices increased dramatically. Over the years since 2015 however, egg production has ramped back up as egg producers have restocked their flocks of egg-laying chickens. There is now a glut of eggs, putting causing the price of eggs […]
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Tag Archives: material price variance
Is a favorable raisin quantity variance good for Kellogg’s Raisin Bran?
August 25, 2016 
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Kellogg’s Raisin Bran is famous for its advertising slogan of “Two scoops of raisins in every box.” The current box design for Raisin Bran shows two scoops of raisins on the front of the box. A few months ago, a post went viral on Reddit that showed a picture of the raisins actually found in […]
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Accounting in the Headlines 