Bluesky Limited's Assembly Department had 20,000 units in WIP on 1 March 2008. Direct mater¬ ials are added at the beginning of the assembly process. An additional 60,000 units were started during March, and 15,000 units were in WIP on 31 March 2008. The units in WIP on 31 March were 30% complete with respect to conversion.

Costs incurred in the Assembly Department for March 2008 were as follows:

Using the weighted average method of process costing, calculate the cost of goods completed and transferred to finished goods inventory during March and the cost of WIP at 31 March 2008.

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Direct material Conversion WIP 1 March Costs incurred in March 62 000 25.000 192 000 85 150