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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-20, and produces three outputs, Alpha, Beta, and Gamma. In February, the costs to process PM-20 are $924,000 for materials and $516,000 for conversion costs. The results of the processing follow:
Units Produced Sales Value per Unit
Alpha 29,000 $ 9.60
Beta 23,20018.00
Gamma 5,80080.00
Required:
Assign costs to Alpha, Beta, and Gamma for February using the net realizable value method.

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