Canine Candy: Start-Up Cost Accounting

Decent Essays
Start-up costs
Canine Candy has start up costs which have run from when the idea of Canine Candy first started to when profit is generated by sales. Start up costs include, supplies, equipment, marketing and promotion. Supplies which are all variable costs include peanut butter, flour, baking powder, cellophane, string and paper. Equipment bought includes a dog bone cookie cutter which is a fixed cost. While marketing and promotion is how Canine Candy will be known by the customers not only in online advertising but physically too, this will be done by making signage out of cardboard and paper poster to promote the business.
Funding
Funding which is required to start Canine Candy is $62, this will include all start-up costs. This money will

Related Documents

  • Improved Essays

    According to Dot Foods’ Chief Executive Officer John Tracy, Dot Foods’ major goals and objectives include those dealing with safety, customer satisfaction, employee satisfaction, waste reduction, revenue growth and net profitability (J. Tracy, personal communication, August 22, 2016). Customer satisfaction is measured through a quarterly customer service process, a process that measures customer order quantity and shipped quantity and a measure of product damage on customer shipments (J. Long, personal conversation, September 10, 2016). According to Dot Foods’ Vice President of Human Resources, Matt Holt, Dot Foods measurement of employee satisfaction is gauged through an all-employee survey and through employee retention metrics (M. Holt,…

    • 350 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    This Joint is a Marijuana/Bakery we sell any type of pastry, cake, customers also have the option to put marijuana in their products, and This Joint sells marijuana separately in various ways. Some of the products we sell cookies, cannolis, pound cake, ice cream cake, and marijuana. This Joint target market is mainly towards adults however we do sell snacks for younger adults and kids. This Joint has an advantage over other bakeries because we sell two items in one store so customers won’t have to go far to find what they are looking for. Furthermore This Joint is a unique bakery because there aren’t any other bakeries in Vermont that sell marijuana. Financially This Joint has 10,000 saved, nut we need a loan of 10,000 to get materials that…

    • 234 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Christmas is a time for giving, people are always excited to receive surprises. So buy a candy gram and give a little love. As of November 30, 2015 Key Club is starting their fundraiser by selling Candy Grams to everyone and anyone. Candy Grams will cost anywhere from .50 cents to one dollar more information to come on the prices.…

    • 190 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    It was a pleasure speaking with you on Friday. As mentioned, I will be discounting the delivery fee for Lodi/Elk Grove, Ca (#1512622N) because of the proximity to the San Andreas, Ca (#1512633N) pick up on the same day of January 6th. Concerning the St. Louis lab, I could expand my business. In order to help me formulate plan could you provide me with the average number of monthly donors received by Missouri and the regular pick up areas?…

    • 79 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    The final aspect of the project we have to check is the break-even point. The break-even point is the level of sales that is necessary to cover both variable and total fixed costs, such that net operating income is equal to zero. In Year 1 and Year 2, because of introducing new PDA, there have loss sales on existing PDA. So, Conch uses the average method to calculate the break-even point.…

    • 351 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Bob’s Supermarket is your friendly down-home grocery store that so many of us grew up with, in small town America. In 1988, Bob and his brother Sam bought out a run down, but somewhat profitable grocery store, and thru a lot of sweat equity and frugal expenditures they managed to eke out a living while competing against some major players like Walmart, Kroger, Aldi, Dollar General and CVS (Parnell, 2014). While Bob and Sam knew that they could not complete with the economies of scale offered by larger competitors, they understood that locally produced items, the ability to customize their fresh cuts of meat, hot deli items, and high quality, store made, ready to eat items, would provide a differentiating factor that would not be met by the…

    • 366 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Camarillo, California,was the first location of Eggs 'N' Things to open in 1974. Four other locations have since opened and the company has grown from having from two employees to two hundred. The casual diner style restaurant is perfect for Sunday brunch or lunch with friends any day of the week. With attentive and personable staff, and a relaxed atmosphere it is no wonder why guests continue to visit Eggs 'N' Things.…

    • 125 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    In order to find the Inventory Turnover, I first found the Actual Cost of Goods Sold. In Quiz One the Actual Cost of Goods sold is $128,333, I found this number by subtracting Employee Meals ($1,865) minus Promotional Food ($385) minus Food Transfers ($425) from Cost of Goods Consumed ($130,783), and then I added the Bar Transfers ($425) which gave me the $128,333. After finding the Actual Cost of Goods Sold I found the Average Inventory ($30,913.5). I found the Average Inventory by adding my Food Opening Inventory and Food Ending Inventory and then subtracting the number by 2, as given in the formula provided in the book. Then I found the Inventory Turnover by dividing the Actual Cost of Goods Sold by the Average Inventory which gave me $4.15…

    • 133 Words
    • 1 Pages
    Decent Essays
  • Great Essays

    Snack Shack Business Report Snack Shack was a lot of fun! Since the summer of 2015, I was planning what to do for Snack Shack. When we figured out our partners, I talked to Aleah about doing Root Beer Floats and Popcorn. During the Snack Shack lottery, both of those things were taken before our number was called.…

    • 679 Words
    • 3 Pages
    Great Essays
  • Improved Essays

    Financial Performance As of April 10, 2009, there were approximately 14,700 shareholders of record of common stock. Company did not pay dividends in fiscal 2009 and fiscal 2008. Krispy Kreme Doughnuts retained any earnings to finance business and did not anticipate paying cash dividends in the foreseeable future. Furthermore, the terms of secured credit facilities prohibit the payment of dividends on common stock.…

    • 317 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    “The direct reimbursement plan give the sales manager some control over the total magnitude of sales expenses and the kinds of activities salespeople will be motivated to do” (Johnston & Marshall, 2010, p.18). Business expense reimbursement occurs when a company reimburses an employee for an expense. The employee must have paid for or incurred an expense while performing services as an employee and there must be a business connection to the spending of funds. The employee must give an account for the expense by verifying the date, time, amount and what the business expense is for. Contrary “with limited reimbursement plans firms limit the total amount of expense reimbursement by setting limits for each expense item or by providing each…

    • 223 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    COMPANY OBJECTIVE: Feeding the Valley is non-profit. Kid's Cafe started 2001 to feed disadvantaged children who visit any Feeding the Valley location. The program measures success by the number of meals offered daily. According to Feeding America, 42 million people battle with hunger in the United States, 13 million are children.…

    • 415 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Creme Candies

    • 770 Words
    • 4 Pages

    For many years, candy has been incorporated into everyday life. From a young age, candy has played a huge role in the lives of people in every culture. Throughout history, various candies were being made for the distribution to countries all over the world. Today, people rarely stop and think about the meticulous process confectionists must go through to make the sweetest thing in the world. The making of candy dates back to ancient Aztec and Mayan times as well as Medieval and Renaissance times.…

    • 770 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    By checking potentials customer’s history and information it will help prevent bad debts in near future. If L Brown had a thorough credit check, Chloe may have found that he was financially unstable to pay his debts off. But Chloe has allowed L Brown to purchase on credit nonetheless, and it says that Chloe has even allowed him to purchase more chocolates when he hadn’t payed off his previous amount from 2 months ago. His debts have now accumulated to $9,500 and Chloe was forced to write if off as a bad debt as L Brown has filed for bankruptcy. This now means that Chloe’s Chocolates have lost the money that L Brown was meant to pay off therefore decreases their profit remarkably.…

    • 1001 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Table of content page 1. Introduction…………………………………………………...… ………………………………………….. 2 2. Comparison of Ferrero’s Business model in the Europe and Asia..................... • Overview...................................................................................... 2 • Products....................................................................................... 3 • Selling stategy.............................................................................. 4 3. Benefits of Ferrero entering the Asian Food Market.…………………………….…

    • 1442 Words
    • 6 Pages
    Great Essays