Marv and Vicki Own and Operate a Vegetable Canning Plant

question 135

Essay

Marv and Vicki own and operate a vegetable canning plant.In recent years their business has grown tremendously and at any point in time they may have 30 to 35 different vegetables being processed.Also, during the peak summer months there are several thousand bushels of vegetables in some stage of being processed at any one time.With the company's growth during the past few years the owners decided to employ an accountant to provide cost estimations on each vegetable category and prepare monthly financial statements.Although the accountant is doing exactly as instructed, Marv and Vicki are confused about the monthly operating costs.Although they process an average of 50,000 canned units a month, the monthly production report fluctuates wildly.Required:
Explain how income can fluctuate when sales are relatively stable.

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A person who learns best through listening and benefits greatly from oral instruction and discussions.

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The ability to understand and interpret the meaning from written text, grasping its main ideas, themes, and details.

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Literary works produced in the late 19th century onwards, often characterized by a break from traditional styles and a focus on new forms of expression.