Required information The following information applies to the questions displayed below! The Matsuit.ubricants plant uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for a particular day, Beginning EP nentory Direct materials Conversion costs Current period costs Direct materials Conversion costs 1 1.010 52 Quantity Information is obtained from the manufacturing records and includes the following Beaning inventory Current period units started Ending Inventory 700 units (0 completes to materials SA complete to conversion) 5.700 unit 1.800 volts (so complete a totes 25 complete to conversion) Compute the cost of goods transferred out and the ending inventory using the weighted average method. (Do not found intermediate calculations.) Costs of goods and out Couts in ending inventory