Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Jabari Steel Company are $0.60 and $0.80, respectively. The equivalent units to be assigned costs are as follows: \begin{tabular}{lcc} & EquivalentUnitsDirectMaterials & EquivalentUnitsConversion \\ \hline Inventory in process, October 1 & 0 & 4,800 \\ Started and completed during October & 68,000 & 68,000 \\ \cline { 2 - 3 } Transferred out of Rolling (completed) & 68,000 & 72,800 \\ Inventory in process, October 31 & 7,000 & 4,200 \\ \cline { 2 - 3 } Total units to be assigned costs & 75,000 & 77,000 \\ \cline { 2 - 3 } & \end{tabular} Completed and transferred-out production Inventory in process, October 31 Total costs assigned by the Rolling Department