A whiskey distillery increased production and income decreases because of the accounting methods in use. The questions are raised with respect to the treatment of expenses that are classified as production, inventory, or period costs. The necessary aging process raises questions added prior period adjustments required and financing. A rewritten version of an earlier case of RF Vancil and r.h. Deming.

A whiskey distillery increased production and income decreases because of the accounting methods in use. The questions are raised with respect to the treatment of expenses that are classified as production, inventory, or period costs. The necessary aging process raises questions added prior period adjustments required and financing. A rewritten version of an earlier case of RF Vancil and r.h. Deming.
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Richard F. Vancil
Source: Harvard Business School
6 pages.
Release Date: 5th April 2013. Prod #: 113122-PDF-ENG
Justin Anson Distillery, Inc. HBR case solution