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 Eve Cosmetics Company are $0.50 and $2.60, respectively. The equivalent units to be assigned costs are as follows:

	Equivalent Units
	Direct Materials		Conversion
Inventory in process, beginning of period	0		4,000
Started and completed during the period	50,000		50,000
Transferred out of Filling (completed)	50,000		54,000
Inventory in process, end of period	6,000		3,000
Total units to be assigned costs	56,000		57,000

The beginning work in process inventory had a cost of $2,280. 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