Transcript
PRICE OF CONSUMER GOODS 101
BY: PAUL YOUNG, CPA, CGA
COMMODITY PRICES
• Commodity Prices
• Usually Reflected in USD
• Canadian dollar has drop in value 68.74/USD
WHAT MAKES UP A PRODUCT COSTS
FOOD Ingredients Commodity
Input CostCost
Labor Rates
Hydro Cost
Overhead Hydro/rent
Selling/Administration
Marketing/Administration
BEERIngredients Commodity Prices
Input CostCost
Labor Rates
Hydro Cost
Overhead Hydro/rent
Selling/Administration
Marketing/Administration