hicago Company has two products in the inventory.

Product X

Product Y

Selling price

2,000,000

3,000,000

Materials and conversion costs

1,500,000

1,800,000

General administration costs

300,000

800,000

Estimated selling costs

600,000

700,000

At the year-end, the manufacture of items of inventory has been completed but no selling costs have yet been incurred. What

is the measurement of Product X and Y, respectively?

a.

1,400,000 and 2,300,000

b.

1,400,000 and 1,800,000

c.

1,500,000 and 2,300,000

how u solve it