Process Costing at Coca-Cola

• Values:

• Beginning Work in Process Inventory: $50,000
• Total Manufacturing Costs: $500,000
• Ending Work in Process Inventory: $25,000
• Units Completed and Transferred Out: 10,000 units
• Requirements:

0. Calculate the cost per equivalent unit using the weighted average method for Coca-Cola.
1. Compute the cost of goods manufactured.
2. Discuss the advantages of process costing in the beverage industry.
3. Recommend ways to optimize the process costing system at Coca-Cola.