the teaching and learning resource from Cengage Leaming Cost of Units Transferred Out and Ending Work in Process The costs per equivalent unit of direct materials and conversion in the Rolling Department of Kraus Steel Company ar $1.75 and $1.45, respectively. The equivalent units to be assigned costs are as follows: Inventory in process, October 1 Started and completed during October Transferred out of Rolling (completed) Inventory in process, October 31 Total units to be assigned costs Equivalent Units Direct Materials Conversion 0 3,200 54,000 54,000 54,000 57,200 5,000 59,000 2,000 59,200 The beginning work in process inventory on October 1 had a cost of $1,860. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department. Completed and transferred-out production Inventory in process, October 31 Total costs assigned by the Rolling Department $