Question 1 PepsiCo is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the follo Lay's Lay's Salt Flamin Lay's Lay's BBQ & Vinegar Hot Chile Limon Sales budget: Anticipated volume in units 180,000 105,000 150,000 123.000 Unit selling price $6.72 $6.72 $6.72 $6.72 Production budget: Desired ending finished 6,000,000 2,250,000 5,250,000 3,000,000 goods units Beginning finished good 3.750,000 1,875,000 3,000,000 750,000 units Direct matenals budget Direct materials per unit 15 18 22.5 22.5 Desired ending direct 6,000,000 1,500,000 4,875,000 3,000,000 materials (ounces) Beginning direct materials 7,500,000 2,250,000 5,625,000 4,200,000 Ounces Cost per ounce $1.01 $1.01 $1.01 $1.01 Direct labor budget: Direct labor time per unit 0.6 0.75 0.9 0.9 Direct labor rate per hour $23 523 $23 $23 Budgeted income statement: Total unit cost $1.88 $1.88 $1.88 $1.88 Instructions: Prepare the sales budget for Pepsico, and answer the following questions. Amounts should be keyed with What are the total sales for each brand of potato chips? Lay's BBQ (a) Lay's Salt & Vinegar [b] Lay's Flamin' Hotel Lay's Chile Limon (d) What are the total sales for PepsiCo Lay's Potato Chips? [e] & Vinegar budgets for the year ending December 31, 2002. Rooting Lay's Salt Lay's Lay's BBQ Flamin Ly's Hot Chile budget Limon ipated volume in units 180,000 105,000 selling price 150,000 123.000 $6.72 $8.72 $6.72 duction budget 56.72 rad ending finished 6,000,000 2.250,000 ss units 5,250,000 3.000.000 inning finished good 3.750,000 1,875,000 5 3,000,000 750.000 ct materials budget: ct materials per unit 15 18 22.5 22.5 Sired ending direct 5.000.000 1,500,000 4.875,000 3.000.000 orials (ounces) inning direct materials 7,500,000 2.250.000 5,625,000 4.200.000 COS t per ounce $1.01 $1.01 $1.01 $1.01 ict labor budget: act labor time per unit 0.6 0.75 0.9 0.9 $23 $23 ct labor rate per hour $23 geted income ement: $1.88 $1.88 $1.88 $1.88 al unit cost uctions: are the sales budget for PepsiCo, and answer the following questions. Amounts should t are the total sales for each brand of potato chips? Salt & Vinegar Flamin' Hot = Chile Limon $23 at are the total sales for PepsiCo Lay's Potato Chips? COD Bo 000 F3 F2 . # 3 AT $ 4. % 5 2 D