Posted: November 30th, 2015

Costing system recommendation

Watch the video Hershey’s Chocolate Making Process. Pay particular attention to the process steps of milling and pressing, mixing the ingredients, and refining.

Question

In at least one paragraph, describe the costing system that you would recommend Hershey use to account for its cost of goods sold and why. Include a few product costs you think would be traceable, which costs should be allocated, and how Hershey should account and apply the manufacturing overhead costs.