4) Cost per equivalent unit of direct materials and conversion (4 marks)

The cost per equivalent unit of direct materials and conversion in the bottling department of Mountain Springs Water Company is $0.45 and $0.12, respectively. The equivalent units to be assigned costs are as follows:
	Equivalent Units
	Direct material	Conversion
Inventory in process, beginning of period	0	3,500
Started and completed during the period	57,000	57,000
Transferred out of bottling (completed)	57,000	60,000
Inventory in process, end of period	3,500	1,800
Total units and costs to be assigned	60,500	62,300
The beginning work in process inventory had a cost of $2,200. Determine the cost of completed and transferred out production and the ending work in process inventory. Round answers to nearest whole dollar.
Completed and transferred out production	$
Inventory in process, ending	$