Exercise 11-42 (Algo) Physical Quantities Method (LO 11-3) 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 $644,000 for materials and $292,000 for conversion costs. The results of the processing follow: Units Produced Sales Value per Unit Alpha 25,500 $ 9.60 Beta Gamma 20,400 5,100 18.00 80.00 Required: Assign costs to Alpha, Beta, and Gamma for February using the physical quantities method. Product Cost Assigned Alpha Beta Gamma Total