Production Information shows the following costs and units for the smoothing department in August Cost Units Work in process Beginning balance: materials $1,600 Beginning units 640 Beginning balance: conversion 2,300 Transferred in 1,780 Materials 7,596 Transferred out 1,820 Labor 14,510 Overhead 5,750 All materials are added at the beginnin the period. The ending work in process is 10% complete as to conversion. What is the value of the inventory Transferred out Ending Inventory