Grand Canyon Inc. manufactures products for the travel industry, such as travel bags and passport holders. Data for the Assembly department for the month of February is below. Units Percentage Percentage Completed Completed Direct Conversion Materials Costs 60% 35% 40% 25% 1st Work in progress - February 1st 97,000 Work in progress - February 28th 63,250 Direct materials cost - Work in progress at February $ 78,300 Conversion costs - Work in progress at February 1st $ 42,950 Units started into production during the month 425,000 Units completed and transferred to the next department 390,600 Direct materials cost added during the month of February $ 475,250 Conversion costs added during the month of February $ 244,800 Required: 1. Using the weighted average method, calculate the equivalent units for the Assembly department in February (8 Marks) 2. Calculate the costs per equivalent unit for Direct Materials and Conversion Costs for the Assembly department in February (4 Marks) 3. Calculate the value of the units completed and transferred out to the next department and the value of ending work in progress inventory at February 28th. (4 Marks)