Tomlinson Company Has the Following Production Data for May $\bullet$ Beginning Work in Process, 0 Units

Tomlinson Company has the following production data for May:
$\bullet$ Beginning work in process, 0 units
$\bullet$ Units started, 62,000
$\bullet$ Ending work in process, 7,000 units that are 100% complete for materials and 60% complete for conversion costs
$\bullet$ Unit materials cost, $5
$\bullet$ Unit conversion cost, $10
Instructions
Determine the costs to be assigned to the units transferred out and the units in ending work in process.