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A coffee company has this info: Note: ingredients are added at the behginning then take 4 days to complete January 3 1 st . 2

A coffee company has this info:
Note: ingredients are added at the behginning then take 4 days to complete
January 31st.2024:
Work in process: 40,000 gallons (complete with respect to materials and 1/4 complete with respect to conversion)
Work in process: $155,000; 80,000 Material ($2/gallon) and $75,000 conversion
During February:
Material added: 220,000 gallons or $440,000($2/gallon)
Conversion costs: $999,000
February 29th:
Work in process: 60,000(1/2 complete with respect to conversion)
Using this information,
Required:
Use weighted average process costing to determine:
1. Finished goods February
2. Work in process February 29th
Use FIFO process costing to determine:
1. Finished goods started in January and finished in February
2. Finished goods started and ended in February
3. Work in process February 29th
Please include calculations for equivalent units and any other calculations

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