QUESTION TWO: Equivalent Units; Applying Costs-Weighted-Average Method Production and cost data for the month of February for Process X of the Couillard Manufacturing Company follow: Production record Units in process, February 1 (100% complete with respect to materials; 25% complete with respect to conversion cost) New units started in process Units completed Units in process, February 28 (100% complete with respect to materials: 1/3 complete with respect to conversion cost) 2,000 8,000 7.000 3,000 Cost record Work in process inventory, February 1: Materials Conversion Costs for February Materials issued Conversion Total cost to be accounted for $600 100 700 2,560 1,500 $4,760 The company uses the weighted average method in its process costing system. Required: a) Calculate the equivalent units and unit costs for February for materials and for conversion costs. b) Determine the cost transferred to finished goods. C) Determine the amount of cost that should be assigned to the ending work-in- process and finished goods inventories