-------------------

--------------------

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 $884,000 for materials and $484,000 for conversion costs. The results of the processing follow: Required: Assign costs to Alpha, Beta, and Gamma for February using the net realizable value method. Answer is complete but not entirely correct. Saint John Mining operates several facilities. At one, a typical batch of an ore, Pryex, run through the processing plant yields three products: PX-10, PX-20, and PX-30. At the split-off point, the intermediate products cannot be sold without further processing. A typical batch of PX-10 sells for $117,500 after incurring additional processing costs of $35,000. PX-20 can be sold for $177,500 after additional processing costs of $59,000, and the PX-30 sells for $235,000 but requires additional processing costs of $91,000. The joint costs of processing the Pryex, including the cost of mining, are $255,000 per batch. Required: Use the estimated net realizable value method to allocate the joint processing costs. Note: Do not round intermediate calculations. Enter percentage answers rounded to 2 decimal places and other final answers to the nearest whole dollar amounts