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 Jabari Steel Company are $2.25 and $0.85, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Equivalent Units Conversion Inventory in process, October 1 0 2,200 Started and completed during October 44,000 44,000 Transferred out of Rolling (completed) 44,000 46,200 Inventory in process, October 31 6,000 1,800 Total units to be assigned costs 50,000 48,000 The beginning work in process inventory on October 1 had a cost of $1,320. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assi