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Implement process costing to analyze production costs for PepsiCo's snack products, including Lays, Doritos, and Cheetos. Product Direct Materials ($) Direct Labor ($) Factory Overhead

Implement process costing to analyze production costs for PepsiCo's snack products, including Lays, Doritos, and Cheetos.

Product

Direct Materials ($)

Direct Labor ($)

Factory Overhead ($)

Lays

0.55 per unit

0.18 per unit

0.12 per unit

Doritos

0.70 per unit

0.24 per unit

0.18 per unit

Cheetos

0.80 per unit

0.28 per unit

0.20 per unit

  1. Calculate the total manufacturing costs for each product line.
  2. Determine the cost per unit using weighted average method for inventory valuation.
  3. Recommend cost-saving measures to improve production efficiency and profitability.

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