The costs per equivalent unit of direct materials and conversion in the Bottling Department of Rocky Springs Beverage Company are $2.40 and $0.65, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 0 2,700 Started and completed during the period 54,000 54,000 Transferred out of Bottling (completed) 54,000 56,700 Inventory in process, end of period 7,000 3,500 Total units to be assigned costs 61,000 60,200 The beginning work in process inventory had a cost of $1,670. Determine the cost of completed and transferred-out production and the ending work in process inventory. If required, round to the nearest dollar.