The costs per equivalent unit off direct materials and conversion in the Rolling Department of Keystone Steel Company are $60 and $10, respectively. The equivalent units to be assigned costs are as follows:

Equivalent

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Direct Materials Conversion

Inventory in process, beginning or period 0 320

Started and completed during the period 7,500 7,500

Transferred out of Rolling (completed) 7,500 7,820

Inventory in process, end of period 1,000 300

Total units to be assigned costs 8,500 8,120

The beginning work in process inventory had a cost $25,000. Determine the cost of completed and transferred-out production and the ending work in process inventory.