Discussion - Standard Costing and Papa John's Pizza.
Papa John's is a national pizza chain. Its pizzas are prepared in a shop and then delivered to the customer.
1. What types of standards would a Papa John's pizzeria employ in cost control?
2. Where would you obtain the information needed for setting standards and variance calculations?
3. How would the standards help in managing a pizza shop?
4. Do you feel the information gained in variance analysis is timely when determining efficiencies? "Please site all sources and references used."