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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 $684,000 for materials and $324,000 for conversion costs. The results of the processing follow. Required: Assign costs to Alpha, Beta, and Gamma for Februry using the net realizable value method. Milo Manufacturing produces products Kappa and Lambda from a joint process. Total joint costs are $169,000. The sales value at splitoff was $175,680 for 8,800 units of Kappa and $63,280 for 13,200 units of Lambda. Required: o. What joint costs are allocated to the two products using the net realizable value at split-off approach? Note: Do not round intermediate colculations. Round your final answers to the nearest whole dollor amounts. b. What joint costs are allocated to the two products using the physical quantities method? Note: Do not round intermediote calculations. 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. Required: Assign costs to Alpha, Beta, and Gamma for Februry using the net realizable value method. Milo Manufacturing produces products Kappa and Lambda from a joint process. Total joint costs are $169,000. The sales value at splitoff was $175,680 for 8,800 units of Kappa and $63,280 for 13,200 units of Lambda. Required: o. What joint costs are allocated to the two products using the net realizable value at split-off approach? Note: Do not round intermediate colculations. Round your final answers to the nearest whole dollor amounts. b. What joint costs are allocated to the two products using the physical quantities method? Note: Do not round intermediote calculations