Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Filling Department of Ivy Cosmetics Company are $1.50 and $2.45, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Inventory in process, beginning of period Direct Materials Conversion 0 2,900 Started and completed during the period Transferred out of Filling (completed) Inventory in process, end of period 41,000 41,000 41,000 3,000 44,000 43,900 900 44,800 Total units to be assigned costs The beginning work in process inventory had a cost of $2,030. Determine the cost of completed and transferred-out production and the ending work in process inventory. If required, round to the nearest dollar. Completed and transferred out of production Inventory in process, ending X Feedback Check My Work 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?