Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion activity occurs uniformly throughout production. The beginning work-in-process inventory is 60% complete with respect to conversion; the ending work-in-process inventory is 40% complete. The following data pertain to May:

	Units
Work in process, May 1		15,300
Units started during May		61,500
Units completed and transferred out		69,500
Work in process, May 31		7,300

	Total				Direct Materials				Conversion Costs
Costs:
Work in process, May 1	$	42,750			$	17,100			$	25,650
Costs incurred during May		235,530				72,600				162,930
Totals	$	278,280			$	89,700			$	188,580

Using the weighted-average method of process costing, the total costs remaining in work in process on May 31 are closest to (Do not round intermediate calculations):