What are the product and period costs associated with a Broadway theater bar? Original blog posting (January 26, 2016)

Broadway Theater Bar Broadway theaters saw record attendance in 2014 – 2015, with ticket sales up 7.3% Hospitality companies, such as Sweet Hospitality Group (SHG), operate bars in Broadway theaters SHG bars offer wines, spirits, beers, show-themed cocktails, and some food options Photographer: http://www.123rf.com/profile_stu99

Question 1 SHG is operating the bar at the New Amsterdam Theater on Broadway. The current show is Aladdin. List as many of each of the following costs as you can think might be incurred: Direct materials Direct labor Overhead

Question 2 What period costs might SHG incur related to operating the 25 Broadway and off-Broadway bars? List as many period costs as you can imagine SHG might incur in a year.

Question Recap SHG is operating the bar at the New Amsterdam Theater on Broadway. The current show is Aladdin. List as many of each of the following costs as you can think might be incurred: Direct materials Direct labor Overhead What period costs might SHG incur related to operating the 25 Broadway and off-Broadway bars? List as many period costs as you can imagine SHG might incur in a year.

For additional news stories to use in the accounting classroom, see the Accounting in the Headlines blog at http://accountingintheheadlines.com/ Questions or comments? Contact Dr. Wendy Tietz at wtietz@kent.edu