Duffield Lubricants produces oil-based machine lubricants. On December 1, it had no work-in-process inventory. It starts production of 146,000 gallons of lubricant in December and completes 87,600 gallons. The costs of the resources used by Duffield in December consist of the following.

Materials	$ 187,568
Conversion costs (labor and overhead)	600,248

Required:

The production supervisor estimates that the ending work in process is 40 percent complete. Compute the cost of lubricant transferred to finished goods and the amount in work-in-process ending inventory as of December 31.

Note: Do not round intermediate calculations.