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 are $0.60 and $2.20, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Conversion Inventory in process, October 1 0 1,800 Started and completed during October 35,000 35,000 Transferred out of Rolling (completed) 35,000 36,800 Inventory in process, October 31 3,000 1,800 Total units to be assigned costs 38,000 38,600 The beginning work in process inventory on October 1 had a cost of $1,080. 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 $fill in the blank 1 Inventory in process, October 31 $fill in the blank 2 Total costs assigned by the Rolling Department $fill in the blank 3