D, Inc., uses three departments to produce a detergent. The Finishing Department is the third and last step before the product is transferred to storage. All materials needed to give the detergent its final composition are added at the beginning of the process in the Finishing Department. The company uses FIFO costing. The following data for the Finishing Department for October have been made available:

Production data:

In process, October 1 (labor and factory overhead, 65% complete)

Units Started

Finished and transferred to storage

In process, October 31 (labor and factory overhead, 40% complete)

32.000 litres

58,400 litres

75,800 litres

14,600 litres

Additional data:

Work-in-process inventory, October 1:

Cost breakdown

Cost from this department:

Materials

Labor

Factory overhead

$ 75,000

87.300

52,700

$ 215.000

A

Cost added in this department:

Materials

Labor

Factory overhead

$ 117,000

245.000

215,500

$577.500

Required:

Calculate the cost of the units transferred out to finished goods inventory and the value of the ending WIP under the FIFO method