4. (8 points) Data concerning a recent period's activity in the Modeling Department, the first processing department in a company uses process costing appears below: Equivalent units in ending work in process inventory Cost per equivalent unit Materials Conversion 12,000 5,000 $48.50 $31.00 A total of 64,000 units were completed and transferred to the next processing department during the period. Required 1. Compute the cost of ending work in process for materials, conversion, and in total. 2. Compute the cost of units completed and transferred out for materials, conversion, and in total.