Tag Archives: materials quantity variance

How does the rising price of cocoa impact The Hershey Company’s variances?

In the spring of 2024, the cost of cocoa rose substantially. Within the span of 12 months, the price of tripled. This surge in price is largely the result of bean diseases that have destroyed crops on a vast scale in Ghana and Ivory Coast, which together supply more than half of the world’s supply […]

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