1. 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 Materials		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		60,500
   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