(10%) The cost per equivalent units of direct materials and conversion in the Bottling Department of Beverages on Jolt Company is $.47 and $.15, respectively. The equivalent units to be assigned costs are as follows.

The beginning work in process inventory had a cost of $3,500. Determine the cost of completed and transferred out production, and the ending work in processinventory

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Direct Materials Conversion Inventory in process, beginning of period Started and completed during the period Transferred out of Bottling (completed) Inventory in process, end of period Total units to be assigned costs 52000 52000 3500 55500 3000 52000 55000 2100 57100