Paper Airplane Inc.

The following is information regarding the operations of the Airplane Assembly department for the month of February.

Calculate the equivalent units of production for materials and conversion in February.

Calculate the cost per equivalent unit for materials and conversion in February.

Calculate the cost of ending W'IP inventory for materials, conversion and in total for February.

Calculate the cost of units transferred out to the flight testing department for materials, conversion and in total for February.

Create a cost reconciliation report. Please solve and give the formuals for the ones in green.