ABC Company produces 10,000 units of product X and 8,000 units of product Y. Both are made from the same raw material, but units X & unit Y require an estimate of the number of raw materials at a ratio of 3; 2. Both of them go through the same conversion process, but Product X and Product Y each require processing time per unit at a ratio of 6; 5

Requested: Calculate raw material costs and conversion costs per unit for each product if the total costs are as follows: Raw materials are $ 92,000, conversion costs are $ 150,000.