Cost of Units Transferred Out and Ending Work in Process

Thecosts per equivalent unitof direct materials and conversion in the Filling Department of Eve Cosmetics Company are $2.30 and $2.65, respectively. The equivalent units to be assigned costs are as follows:

Equivalent UnitsDirect MaterialsConversion

Inventory in process, beginning of period 0 2,400

Started and completed during the period 61,000 61,000

Transferred out of Filling (completed) 61,000 63,400

Inventory in process, end of period 3,000 1,200

Total units to be assigned costs 64,000 64,600

The beginning work in process inventory had a cost of $1,560. 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 production$___________

Inventory in process, ending$_________