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Given the following data for PepsiCo, Inc., calculate the ending balances for the following ledger accounts: Raw Materials Inventory: $3,000,000 Work-in-Progress Inventory: $1,500,000 Finished Goods
Given the following data for PepsiCo, Inc., calculate the ending balances for the following ledger accounts:
- Raw Materials Inventory: $3,000,000
- Work-in-Progress Inventory: $1,500,000
- Finished Goods Inventory: $4,500,000 Use the appropriate cost flow assumptions (FIFO, LIFO, or Weighted Average) and show your calculations clearly.
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
3rd edition
77826485, 978-0077722074, 77722078, 978-0077826482
