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Monroe Materials processes a purchased material, PM - 2 0 , and produces three outputs, Alpha, Beta, and Gamma. In February, the costs to process
Monroe Materials processes a purchased material, PM and produces three outputs, Alpha, Beta, and Gamma. In February, the
costs to process PM are $ for materials and $ for conversion costs. The results of the processing follow:
Required:
Assign costs to Alpha, Beta, and Gamma for February using the net realizable value method.
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