The following data has been provided by Palafox, Inc., a company that uses the FIFO method in its process costing system. The data concern the company's Shaping Department for the month of March. Cost in beginning work-in-process inventory. Units started and completed this month... Cost per equivalent unit. Equivalent units required to complete the units in beginning work-in-process inventory. Equivalent units in ending work-in-process inventory. $2,260 4,650 Materials Conversion $33.30 $21.20 300 380 230 297 Required: Determine the cost of ending work-in-process inventory and the cost of the units transferred out of the department during March using the FIFO method.