Question: Process Costing at PepsiCo Values: Total Production Costs: $1,100,000 Equivalent Units: 40,000 Requirements: Calculate the cost per equivalent unit using the FIFO method. Prepare a

Process Costing at PepsiCo

Values:

  • Total Production Costs: $1,100,000
  • Equivalent Units: 40,000

Requirements:

  1. Calculate the cost per equivalent unit using the FIFO method.
  2. Prepare a reconciliation of units and costs.
  3. Compute the cost of goods completed and transferred out.

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