Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the oring Department of Oak Ridge Steel Company are $2.65 and 51.90 respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, 1 . 2,200 Started and completed during 43,000 40,000 Transferred out of Rolling completed 43,000 $5,200 4,000 1,600 Inventory in process, Total units to be assigned costs 46,800 the beginning work in process inventory on 1 had a cost of $1.30. Determine the cost of completed and transferred out production, the ending work in process wwertory, and the total cosed by the Rolling Department Completed and transferred out production tory in process, ending Total cost signed by the Rolling Department O se to 1 - 9 P 7 00- 4 10 E K 2 -- B N . HP Laptop hp Do more from anywhere. All-day long