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 $524,000 for materials and $196,000 for conversion costs. The results of the processing follow:

	Units Produced	Sales Value per Unit
Alpha	24,000	$ 9.60
Beta	19,200	18.00
Gamma	4,800	80.00

Required:

Assign costs to Alpha, Beta, and Gamma for February using the net realizable value method.

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 $524,000 for materials and $196,000 for conversion costs. The results of the processing follow:

	Units Produced	Sales Value per Unit
Alpha	24,000	$ 9.60
Beta	19,200	18.00
Gamma	4,800	80.00

Required:

Assign costs to Alpha, Beta, and Gamma for February using the physical quantities method.