Lights Incorporated calculates cost for an equivalent unit of production using the weighted-average method. Data for July: Work-in-process inventory, July 1 (39,000 units): Direct materials (89% completed) Conversion (54% completed) Balance in work in process inventory, July 1 Units started during July Units completed and transferred Work-in-process inventory, July 31: Direct materials (89% completed) Conversion (54% completed) Cost incurred during July: Direct materials Conversion costs $ 122,300 77,800 $ 200,100 90,000 103,100 25,900 $ 172,500 270,000 The cost of goods completed and transferred out under the weighted average method is calculated to be: (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole dollar amount.)