Question: The cost per equivalent unit of direct materials and conversion in the Bottling Department of Jolt Beverages Company is $ 0 . 6 0 and

The cost per equivalent unit of direct materials and conversion in the Bottling Department of Jolt Beverages Company is $0.60 and $0.20, respectively. The equivalent units to be assigned costs are as follows:
Line Item Description Direct Materials Conversion
Inventory in process, beginning of period 03,440
Started and completed during the period 50,05050,050
Transferred out of Bottling (completed)50,05053,490
Inventory in process, end of period 3,3602,600
Total units to be assigned costs 53,41056,090
The beginning work in process inventory had a cost of $3,110. Determine the cost of completed and transferred-out production, and the ending work in process inventory.
Completed and transferred out production fill in the blank 1 of 2$
Inventory in process, ending fill in the blank 2 of 2$

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