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Karmichael Holdings is made up of three businesses sharing the same location outside of Tanunda. The property has been in the family since the mid-1800s, and the main part of the property was converted to vineyards and a boutique winery the mid-1960s.The family businesses include; crooked Creek Wines which was established by Paul and Mary Karmichael and being managed by Alby and Grace. It specializes in red wines, and they have planted new varieties such as Cabernet Franc and Temperanilo. Secondly, there is Vine Dining which is owned and managed by Alby and Grace’s daughter called Sophie. Sophie is the head chef. The restaurant has been operating for nearly ten years. They also have a bakery being managed by Sophie’s brothers. They emphasize on gluten-free baked goods. Karmichael holdings deal with a variety of products. This can be considered when dealing with a cost which is defined as an outflow of resources that is given up for an expected future benefit or the accomplishment o...
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