Analyze the financial impact of Coca-Cola's investment in sustainable packaging using process costing.

Requirements:

Calculate fixed costs associated with Coca-Cola's transition to sustainable packaging materials.

Determine variable costs per unit of sustainable packaging produced using process costing.

Estimate the total cost per sustainable packaging material type (e.g., recycled PET, plant-based plastics).

Analyze cost savings and environmental benefits from sustainable packaging initiatives.

Recommend strategies to accelerate adoption of sustainable packaging and reduce environmental footprint.

Cost Components for Coca-Cola's Sustainable Packaging:

Cost Type	Annual Amount ($) per Year
Fixed Costs	$1,200,000,000
Variable Costs per Unit of Packaging	$0.50
Total Units of Packaging Produced per Year	2,400,000,000