1. The cost per equivalent unit of direct materials and conversion in the Bottling Department of Beverages on Jolt Company is $0.80 and $0.20, respectively. The equivalent units to be assigned costs are as follows:

   	Equivalent Units
   	Direct Materials	Conversion
   Inventory in process, beginning of period	0	2,650
   Started and completed during the period	55,430	55,430
   Transferred out of Bottling (completed)	55,430	58,080
   Inventory in process, end of period	3,160	2,600
   Total units to be assigned costs	58,590	60,680

   The beginning work in process inventory had a cost of $3,640. 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	$