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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

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

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