Exercise $11-41($Algo$)$ Net Realizable Value Method $($LO $11-3)$

Monroe Materi$$ls processes a purchased material, PM$-20,$ and produces three outputs, Alpha, Beta, and Gamma. In February, the costs to process PM$-20$ are $$1,164,000$ for materials and $$708,000$ for conversion costs. The results of the processing follow.

$\backslash$table$[[,$Units,Sales Value$],[$Produced$,$per Unit,$],[$Alpha$,32,000,$$$9\mathrm{.}60$