Tag Archives: standards

When the chocolate used in Cadbury Creme Eggs was changed to a less expensive chocolate, what variances would have been impacted?

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 […]

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How does the renegotiated labor contract impact the standard cost of cars for GM?

A few years ago, Chrysler renegotiated its labor contract with the United Auto Workers (UAW) union. New hires were to be paid $14 per hour, down from the $28 per hour veteran workers received.  That cut resulted in an average combined wage and benefit rate per hour in 2011 of $49, compared to $76 per […]

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How will the increasing cost of chocolate impact Hershey’s variances?

The price of chocolate had been predicted to increase rapidly beginning in late 2013 and continue into 2014, according to the Wall Street Journal.  The price increase is due to multiple factors, including a shortage of cocoa beans and an increase in demand by consumers. Although the demand for all chocolate has been increasing, consumer […]

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