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SM Ltd has 28,000 labour hours available for producing X and Y. Consider the following information: Product X Product Y Required labour time per unit

SM Ltd has 28,000 labour hours available for producing X and Y. Consider the following information:

Product X Product Y

Required labour time per unit (hours) 3 2

Maximum demand (units) 6,000 8,000

Contribution margin per unit $6.00 $6.00

If SM Ltd follows proper managerial accounting practices, how many units of Product Y should it produce?

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