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 Jabari Steel Company are $375 and $60, respectively. The equivalent units to be assigned costs are as follows: Equivalent Units Direct Materials Equivalent Units Conversion Inventory in process, October 1 0 320 Started and completed during October 14,800 14,800 Transferred out of Rolling (completed) 14,800 15,120 Inventory in process, October 31 1,200 300 Total units to be assigned costs 16,000 15,420 The beginning work in process inventory on October 1 had a cost of $318,560. Determine the cost of completed and transferred-out production, the ending work in process inventory, and the total costs assigned by the Rolling Department. Line Item Description Amount 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