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Exerclse 1 1 - 4 2 ( Algo ) Physical Quantitles Method ( LO 1 1 - 3 ) Monroe Materials processes a purchased material,

Exerclse 11-42(Algo) Physical Quantitles Method (LO 11-3)
Monroe Materials processes a purchased material, PM-20, and produces three outputs, Alpha, Beta, and Gamma. In February, the
costs to process PM-20 are $684,000 for materials and $324,000 for conversion costs. The results of the processing follow:
Requlred:
Assign costs to Alpha, Beta, and Gamma for February using the physical quantities method.
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