The Boutique Chocolate Factory The Boutique Chocolate Factory (BCF) is based in Dunedin and supplies chocolate across Otago. The firm only produces three distinct flavours of chocolate, being Rich Dark, Mint Chill and Cranberry Vintage. BCF has substantially increased its sales since the Cadbury chocolate factory in Dunedin closed down in 2018. Budgeted and actual sales data for its 1kg blocks of chocolate for December 2019 are shown in Exhibit 1. BCF forecasts a 25% market share of total 1kg blocks of chocolate sold in Otago in December 2019 in Springfield. Reliable industry sources indicate that the total number of 1kg blocks of chocolate sold for December 2019 in Otago was 12.5% higher than budgeted.

The Boutique Chocolate Factory The Boutique Chocolate Factory (BCF) is based in Dunedin and supplies chocolate across Otago. The firm only produces three distinct flavours of chocolate, being Rich Dark, Mint Chill and Cranberry Vintage. BCF has substantially increased its sales since the Cadbury chocolate factory in Dunedin closed down in 2018. Budgeted and actual sales data for its 1kg blocks of chocolate for December 2019 are shown in Exhibit 1. BCF forecasts a 25% market share of total 1kg blocks of chocolate sold in Otago in December 2019 in Springfield. Reliable industry sources indicate that the total number of 1kg blocks of chocolate sold for December 2019 in Otago was 12.5% higher than budgeted.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 5EB: Cloud Shoes manufactures recovery sandals and is planning on producing 12.000 units in March and...

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