2.7 was on the previous page but here's what the paragraph on the page prior states for this problem."Assign costs to completed units and ending work in process inventory, Monk Inc. reported the following results for the month of November. Direct materials are added at the beginning of the process, and conversion costs are applied evenly throughout the process."

Process Costing Units Materials Conversion Work in process Beginning inventory $ 5,900 $15,000 Added to production 47,300 65,000 Completed and transferred out ? ? Ending inventory 40,000 60% complete 40% complete Cost per equivalent unit $0.40 $0.64 Required a. How many units were completed and transferred out of Work in Process Inventory? b. What cost should be assigned to the units transferred out of Work in Process Inventory? c. What cost should be assigned to the ending Work in Process Inventory