Kerssignment/takeAssignment Main.do?invoker=&t... U Chapter 17 Homework 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 Oak Ridge Steel Company are $2.55 and $2.60, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion 3,200 53,000 53,000 Inventory in process, July 1 Started and completed during July Transferred out of Rolling (completed) Inventory in process, July 31 53,000 56,200 6,000 1,800 Total units to be assigned costs 59,000 58,000 The beginning work in process inventory on July 1 had a cost of $1,820. 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 $282,930 x $ 20,190 X Inventory in process, ending Total costs assigned by the Rolling Department chock My Work w h a Tharun that had been in beginning work in process would have been the first units