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Internet Exercises
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Internet Exercise #1

Go to the Hershey's website at http://www.hersheys.com/discover/chocolate.asp and click on the Video Tour button. Take the tour to learn more about the world's largest chocolate factory in Hershey, Pennsylvania. After taking the tour, answer the following questions:
  1. What are the main ingredients in Hershey's chocolate?
  2. What is a standard?
  3. What standards should be set by Hershey's for use in its chocolate factory? How are these standards typically broken down for purposes of variance analysis?
  4. What are the two categories of standards in terms of motivating factory employees? Describe each category. If the managers in the Hershey's factory were like most managers, which category of standards would they prefer? Why?
Internet Exercise #2

Perform an Internet search using the term, standard cost system. Select and read a case study or article from the results of your search. (Make sure that you do not select an instructor's lecture notes or a class assignment from the results of your search.) Then, write a brief paper (3 – 5 paragraphs) that summarizes the case study or article. (Your paper should provide the appropriate citation. If necessary, you may wish to refer to the following website, which includes information about citations: http://www.cod.edu/library/research/citenet.htm.)





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