Cost of Units Transferred Out and Ending Work in Process The cost per equivalent unit of direct materials and conversion in the Filling Department of Ivy Cosmetics Company are $0.70 and $160, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 2,200 Started and completed during the period 44,000 44,000 Transferred out of Filling (completed) 44,000 46,200 Inventory in process, end of period 5,000 1,500 Total units to be assigned costs 49,000 47,700 0 The beginning work in process inventory had a cost of $1,450. 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 of production Inventory in process, ending Check My Work All work saved. Previous Next