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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Tag Archives: standard costs
When the chocolate used in Cadbury Creme Eggs was changed to a less expensive chocolate, what variances would have been impacted?
February 23, 2016 
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A Cadbury Creme Egg is an egg-shaped chocolate candy that weighs about 35 grams, or a little more than 1.2 ounces. It is filled with a white fondant and a smaller amount of yellow fondant, meant to mimic an actual egg. (Fondant is a type of sugar syrup.) In the U.S., Cadbury Creme Eggs are […]
Continue readingHow does the rising cost of hazelnuts impact NUTELLA®?
February 6, 2015 0 Comments
Hazelnuts are used in high-end chocolate items such as pralines and truffles. In addition, hazelnuts are used in Nutella spread. Turkey supplies more than 70% of the world’s hazelnuts. In 2014, there was a widespread frost in Turkey that damaged hazelnut flowers and cut production of hazelnuts by 28%. The price of hazelnuts more than […]
Continue readingHow will cost standards be impacted at PEZ Candy Inc. by the rising cost of sugar and labor?
January 27, 2015 0 Comments
PEZ Candy Inc. produces the popular small candy that is dispensed in collectible flip-top dispensers. PEZ candy was invented as a breath mint in Vienna, Austria, in 1927. The name PEZ is derived from “pfefferminz” which is the word for peppermint in German. In the United States, PEZ candies are produced in a factory in […]
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