The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company are $2.25 and $1.95, respectively. The equivalent units to be assigned costs are as follows:

	Equivalent Units
	Direct Materials		Conversion
Inventory in process, October 1	0		3,500
Started and completed during October	70,000		70,000
Transferred out of Rolling (completed)	70,000		73,500
Inventory in process, October 31	6,000		3,000
Total units to be assigned costs	76,000		76,500

The beginning work in process inventory on October 1 had a cost of $2,350. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department.