The costs per equivalent unit of direct materials and conversion in the Rolling Department of Oak Ridge Steel Company are $0.90 and $0.40, respectively. The equivalent units to be assigned costs are as follows Equivalent Units Direct Materials Conversion Inventory in process, July 1 Started and completed during July Transferred out of Rolling (completed) Inventory in process, July 31 Total units to be assigned costs The beginning work in process inventory on July 1 had a cost of $1,120. 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 Inventory in process, ending Total costs assigned by the Rolling Department 0 32,000 32,000 3,000 35,000 1,900 32,000 33,900 1,500 35,400