Magi-Cleanproduces an industrial cleaner in a continuous production process. Materials are added at the beginning of production. Conversion costs are assumed to be added evenly throughout the process. At the end of February, there were2050 gallon containers,80percent complete as to labor and overhead.9550-gallon containers were completed during the month. Assume that direct materials cost per equivalent unit during February was $2,050, labor cost per equivalent unit was $800, and overhead per equivalent unit was $1,500.

Determine the cost of the ending Work in Process inventory and the cost of items completed and transferred to Finished Goods inventory.