The costs per equivalent unit of direct materials and conversion in the Rolling Department of Atlas Steel Company are $54 and $13, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, beginning of period 0 2,490 Started and completed during the period 79,430 79,430 Transferred out of Rolling (completed) 79,430 81,920 Inventory in process, end of period 6,770 2,031 Total units to be assigned costs 86,200 83,951 The beginning work in process inventory had a cost of $246,000. Determine the cost of completed and transferred-out production and the ending work in process inventory. Direct Materials Costs Conversion Costs Total Costs Inventory in process, balance 246,000 Inventory in process, beginning of period $0 32,370 32,370 Cost of completed beginning work in process 278,370 Started and completed during the period ? ? ? Transferred out of Rolling (completed) ? Inventory in process, end of period ? ? ? Total costs assigned by the Rolling Department ? Completed and transferred-out production ? Inventory in process, ending ?