The cost per equivalent unit of direct materials and conversion in the Bottling Department of Beverages on Jolt Company is $0.60 and $0.20, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 0 2,710 Started and completed during the period 51,040 51,040 Transferred out of Bottling (completed) 51,040 53,750 Inventory in process, end of period 3,190 2,400 Total units to be assigned costs 54,230 56,150 The beginning work in process inventory had a cost of $3,270. Determine the cost of completed and transferred out production and the ending work in process inventory. Round answers to nearest whole dollar. Completed and transferred out production
Inventory in process, ending