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Required information [The following information applies to the questions displayed beiow.] Bellevue Chemicals had beginning wark-in-process inventory of $258,300 on March 1 . Of this
Required information [The following information applies to the questions displayed beiow.] Bellevue Chemicals had beginning wark-in-process inventory of $258,300 on March 1 . Of this amount, $102,215 was the cost of direct materials and $156,085 was the cost of conversion. The 24,400 units in the beginning inventory were 45 percent complete with respect to direct materials and 65 percent complete with respect to conversion costs. During March, 58,600 units were transferred out and 16,000 remained in ending inventory. The units in ending inventory were 70 percent complete with respect to direct materials and 15 percent complete with respect to conversion costs. Costs incurred during March amounted to $986,665 for direct materials and $1,082,215 for conversion. Compute the costs of goods transferred out and the ending inventory for March using the weighted-zverage method. Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar
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