Reference no: EM132961149

The costs per equivalent unit of direct materials and conversion in the Filling Department of Eve Cosmetics Company are $2.30 and $2.65, respectively. The equivalent units to be assigned costs are as follows:

Equivalent Units                                         Direct Materials            Conversion

Inventory in process, beginning of period         0                           2,400

Started and completed during the period             61,000                  61,000

Transferred out of Filling (completed)               61,000                  63,400

Inventory in process, end of period                 3,000                       1,200

Total units to be assigned costs                    64,000                          64,600

Problem 1: The beginning work in process inventory had a cost of $1,560. Determine the cost of completed and transferred-out production and the ending work in process inventory. If required, round to the nearest dollar.