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 Kraus Steel Company are $0.95 and $1.70, respectively. The equivalent units to be assigned costs are as follows: The beginning work in process inventory on October 1 had a cost of $1,900, Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department