Discussion:Anyone have a client that produces dairy products??
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Discussion Forum Index --> Accounting Questions --> Anyone have a client that produces dairy products??
| 3 January 2008 | |
| I have a client that has ventured into production of a dairy product. They have blown way past their targeted ceiling of invested capital and believe they are making the turn (so to speak). I believe their Gross Profit or Gross Margin % is way to low and am looking for emperical or other data to help support the theory.
If you have a client that produces ice cream, yogourt, smoothies, etc. and can give me an idea of a reasonable GP % (Revenues less Cost of Goods Sold) - we would be grateful. | |
| January 4, 2008 | |
| Is this a manufacturer, retailer or combination thereof? Have you tried the Dairy Association? Sometimes industry-specific groups can provide GP information. | |
| 4 January 2008 | |
| This guy might be able to help you.
Workshop Leader Carl Herbein, CPA, is the President and CEO of Herbein + Company, Inc., a 100-person CPA firm headquartered in Reading, PA. Herbein is a practicing CPA and nationally recognized authority on dairy plant cost accounting. He has visited and provided accounting consulting services to more than 175 dairy plant operations since 1976 and designed this annual workshop series for IDFA. | |
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