AutoSave OFF A v Case Questions for Daniel Dobbins - Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Tell me a g Share Comments G Paste Times New... 12 A A Aa 2 [A AaBBCoder AaBbCcDd AnBCeDdE AaBbCcDdr AaBbCcDdle BI U X x A Emphasis Heading 1 Normal Strong Subtit v Styles Pane Dictate Sensitivity Editor In your assigned groups, please answer the following questions for the Daniel Dobbins Distillery case. The length of your primary response should be limited to two pages but you may include an appendix as a third page to show your calculations, if desired. Please do not repeat the question in your write-up (just number your question response) This is a group exercise and so please have your group of 4 prepare your case write-up. 1. In Exhibit 2, is the accounting treatment of "Other costs charged to Cost of Goods Sold" appropriate? Justify your answer. 2. Based on the description of the manufacturing process, some costs may or may not be included in the cost of goods sold. Identify these controversial costs and present two brief arguments as follows: 1) Why they should be included in cost of goods, and 2) why they should not be included. 3. Calculate the net profit for 1988 based on what you think should be included in the cost of goods sold. Explain any difference from the current presentation of net profit. 4. Is the current method of accounting used by Dobbins better for internal reporting purposes or external reporting purposes? Justify your answer. Page 1 of 1 208 words English (United States) Accessibility: Good to go Focus 149%