Kravitz Company's production schedule shows 10,000 units of X and 8,000 units of Y. Both articles are

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Kravitz Company's production schedule shows 10,000 units of X and 8,000 units of Y. Both articles are made from the same raw materials, but units of X and Y require estimated quantities of materials in the ratio of 3:2, respectively. Both articles pass through the same conversion process, but X and Y require estimated production times per unit in the ratio of 6:5, respectively.
Required:
Complete the unit materials and conversion costs for each product if the total costs are: materials, $92,000; conversion cost, $150,000.
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Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

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