Question
PepsiCo, Inc. uses process costing for its beverage production. The following information is provided for the Mixing Department for April 2024: Beginning Work in Process:
PepsiCo, Inc. uses process costing for its beverage production. The following information is provided for the Mixing Department for April 2024:
•Beginning Work in Process: 2,000 units (70% complete)
•Units started: 8,000 units
•Ending Work in Process: 1,500 units (60% complete)
•Costs: Beginning WIP ($12,000), Added during the month ($88,000)
Required:
1.Calculate the equivalent units of production for April.
2.Determine the cost per equivalent unit.
3.Prepare the cost reconciliation for April.
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
4th edition
978-0078025525
