The costs per equivalent unit of direct materials and conversion in the Rolling Department of Oak Ridge Steel Company are $2.30 and $1.70, respectively. The equivalent units to be assigned costs are as follows:

Equivalent Units

Direct Materials Conversion

Inventory in process, July 1 0 1,600

Started and completed during July 31,000 31,000

Transferred out of Rolling (completed) 31,000 32,600

Inventory in process, July 31 2,000 600

Total units to be assigned costs 33,000 33,200

The beginning work in process inventory on July 1 had a cost of $1,020. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department.

What are:

Completed and transferred-out production $___

Inventory in process, ending $____

Total costs assigned by the Rolling Department $____