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The Matsui Lubricants 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 WIP inventoryDirect materials$976Conversion costs272Current period costsDirect materials11,440Conversion costs6,644

Quantity information is obtained from the manufacturing records and includes the following.

Beginning inventory600units(60% complete as to materials,

53% complete as to conversion)Current period units started4,000unitsEnding inventory1,200units(40% complete as to materials,

20% complete as to conversion)

Compute the cost of goods transferred out and the ending inventory using the weighted-average method.(Do not round intermediate calculations.)