Lights Incorporated calculates cost for an equivalent unit of production using the weighted average method. Data for July: Work-in-process inventory, July 1 (34,500 units): Direct materials (98% completed) Conversion (45% 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 (98% completed) Conversion (45% completed) Cost incurred during July: Direct materials Conversion costs $ 122,900 77,350 $ 200,250 95,000 104,500 25,000 $ 185,000 265,500 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.)