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Question 3-Inventory accounts (3pts): Using the excerpts below from PepsiCo.'s Financial Statements and Notes to Financial Statements from its 2021 annual report, answer the
Question 3-Inventory accounts (3pts): Using the excerpts below from PepsiCo.'s Financial Statements and Notes to Financial Statements from its 2021 annual report, answer the following (NOTE: all numbers given in the excerpts are in Smillions): a. If PepsiCo purchased $19,350 million worth of 'Raw materials and packaging during the fiscal year ended 12/25/2021, how much 'Raw materials and packaging" did they use during the fiscal year ended 12/25/2021? Assume all "Raw materials and packaging' were used as direct materials. b. Calculate the 'Cost of Goods Manufactured for PepsiCo for the fiscal year ended 12/25/2021. c. Using your answer to part b, calculate the 'Total Manufacturing Costs' for PepsiCo for the fiscal year ended 12/25/2021. Consolidated Balance Sheet PepsiCo, Inc. and Subsidiaries December 25, 2021 and December 26, 2020 (in millions except per share amounts) ANSETS Carreal Assets Assists Prepaid exps and her cont Amets held for sale Twal Care Aes Note 14-Supplemental Financial Information Balance Sheet Intries Rawals and packaging 2025 2030 393 LAM 4M47 A 4172 874 31,73 2921 2030 1,73 191 2347
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