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 $2.60 and $0.55, respectively. The equivalent units to be assigned costs are as follows: Feedback Equivalent Units Direct Materials Inventory in process, October 1 Started and completed during October Transferred out of Rolling (completed) Inventory in process, October 31 Total units to be assigned costs The beginning work in process inventory on October 1 had a cost of $2,830. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department. Completed and transferred-out production 196,510 X Inventory in process, October 31 Total costs assigned by the Rolling Department Check My Work 0 Equivalent Units Conversion 59,000 59,000 4,000 63,000 4,100 59,000 63,100 2,400 65,500