Questions are coming in thick and fast at the moment. Peta from Australia has an exam based on Joe's Peanuts and wanted some advice on what to look for. Basically, this case, see this page http://www.duncanwil.co.uk/joe.html on my web site for the case and some questions is all about absorption versus marginal costing and how easy it is to get the two confused. I told Peta about a follow up case that appeared in the UK's Management Accounting magazine as it was then called and hope that this will help with the exam! Kiren, don't know where from, wanted to know when it's still appropriate to use standard costing. I gave references to Dearden's Management Accounting: Text and Cases, Drury's Management and Cost Accounting and Kaplan and Johnson Relevance Lost to help out. Luis wrote from Peru to ask about IAS 41 for his sugar cane farm ... this one's in progress. DW