Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Bottling Department of Rocky Springs Beverage Company are $2.3 and $2, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 0 2,800 Started and completed during the period 55,000 55,000 Transferred out of Bottling (completed) 55,000 57,800 Inventory in process, end of period 3,000 900 Total units to be assigned costs 58,000 58,700 The beginning work in process inventory had a cost of $1,850. 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 X Inventory in process, ending