Consumer pricing - How are consumer prices determine
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PRICE OF CONSUMER GOODS 101 BY: PAUL YOUNG, CPA, CGA
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Transcript of Consumer pricing - How are consumer prices determine
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PRICE OF CONSUMER GOODS 101
BY: PAUL YOUNG, CPA, CGA
![Page 2: Consumer pricing - How are consumer prices determine](https://reader036.fdocuments.us/reader036/viewer/2022062820/58a4e74c1a28abd8548b4c15/html5/thumbnails/2.jpg)
COMMODITY PRICES
• Commodity Prices
• Usually Reflected in USD
• Canadian dollar has drop in value 68.74/USD
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WHAT MAKES UP A PRODUCT COSTS
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FOOD Ingredients Commodity
Input CostCost
Labor Rates
Hydro Cost
Overhead Hydro/rent
Selling/Administration
Marketing/Administration
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BEERIngredients Commodity Prices
Input CostCost
Labor Rates
Hydro Cost
Overhead Hydro/rent
Selling/Administration
Marketing/Administration