Net Realizable Value Method : A company processes Chemical DX-I through a pressure treatment operation. After the process is complete. there are two outputs: L and T. The monthly costs of processing DX-1 are $45,000 for materials and $160,000 for conversion costs. This processing results in outputs that sell for a total of $455,000. The sales revenue from L amounts to $273.000 of the total.

Required: Compute the costs to be assigned to L and T in a typical month, using the net realizable value method.