(Solved): Monroe Materials processes a purchased material, PM-20, and produces three outputs, Alpha, Beta, an ...

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 \( \$ 724,000 \) for materials and \( \$ 356,000 \) for conversion costs. The results of the processing follow: Required: Assign costs to Alphe, Beta, and Gamma for February using the physical quantities method.