consumer pricing - how are consumer prices determine

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PRICE OF CONSUMER GOODS 101

BY: PAUL YOUNG, CPA, CGA

COMMODITY PRICES

• Commodity Prices

• Usually Reflected in USD

• Canadian dollar has drop in value 68.74/USD

WHAT MAKES UP A PRODUCT COSTS

FOOD Ingredients Commodity

Input CostCost

Labor Rates

Hydro Cost

Overhead Hydro/rent

Selling/Administration

Marketing/Administration

BEERIngredients Commodity Prices

Input CostCost

Labor Rates

Hydro Cost

Overhead Hydro/rent

Selling/Administration

Marketing/Administration

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