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 Oak Ridge Steel Company are $$1\mathrm{.}95$ and $$1\mathrm{.}50,$ respectively. The equivalent

units to be assigned costs are as follows:

Equivalent Units

The beginning work in process inventory on July $1$ had a cost of $$1,090.$ Determine the cost of completed and transferred$-$out production, the ending work in process

inventory, and the total costs assigned by the Rolling Department.

Completed and transferred$-$out production

Inventory in process, ending

$q$

$x$

$

Total costs assigned by the Rolling Department

$

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The assumption would be that units that had been in beginning work in process would have been the first units completed in the department. How much cost is

associated with those beginning work in process units? How many units were both started and completed during the period? How much cost is associated with the

started and completed units? How many units were started in the period but are still in work in process? How much cost is associated with these ending work in

process units?