The cutting process of Waterway Designs started the year with $7,040 in beginning inventory. By year-end, Waterway determined equivalent units of work done this period (from beginning to end of year) under the FIFO method as follows. DM Conversion Costs Units in beginning WIP Inventory completed this period 25 35 Units started and completed this period 745 745 Units in ending WIP Inventory 110 50 Waterway's cost per equivalent unit is $74 for DM and $34 for conversion costs. How much cost should Waterway assign to the units completed this period? How much cost should be assigned to ending WIP Inventory for the cutting process?