Copley uses a weighted-average process-costing system. All materials are added at the beginning of the process; conversion costs are incurred evenly throughout production. The company finished 40,000 units during the period and had 15,000 units in progress at year-end, the latter at the 40% stage of completion. Total material costs amounted to $220,000; conversion costs were $414,000.

21. The cost of goods completed is:

A. $312,000.

B. $414,000.

C. $520,000.

D. $160,000.

22. The cost of the ending work in process is:

A. $54,000.

B. $78,000.

C. $114,000.

D. $60,000.