Pacific Ink had beginning work-in-process inventory of $719,003 on October 1. Of this amount, $393,360 was the cost of direct materials and $325,643 was the cost of conversion. The 24,300 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs.

During October, 46,300 units were transferred out and 19,000 remained in ending inventory. The units in ending inventory were 70 percent complete with respect to direct materials and 35 percent complete with respect to conversion costs. Costs incurred during the period amounted to $1,573,440 for direct materials and $1,845,307 for conversion.

Required:

Compute the costs of goods transferred out and the ending inventory using the weighted-average method.(Omit the "$" sign in your response.)

Cost of goods transferred out	$
Ending inventory	$