Builder Products, Inc., manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May:

Production data:
Pounds in process, May 1; materials 100% complete; conversion 90% complete		77,000
Pounds started into production during May		420,000
Pounds completed and transferred out		?
Pounds in process, May 31: materials 80% complete; conversion 20% complete		37,000
Cost data:
Work in process inventory, May 1:
Materials cost	$	130,300
Conversion cost	$	61,100
Cost added during May:
Materials cost	$	677,540
Conversion cost	$	336,190

The company uses the weighted-average method.