The following cost information is available for July for the Crest Plant at Calvert Company: Beginning work-in-process inventory Materials cost Conversion cost Total Current costs Materials cost Conversion cost Total $ 64,960 41,064 $ 106,024 $ 143,840 432,216 $ 576,056 Materials are added at the beginning of the process. The following quantities have been recorded: Beginning inventory, 46,400 partially complete gallons, 25 percent complete with respect to conversion costs. Units started in July, 92,800 gallons. Units transferred out in July, 104,400 gallons. Ending inventory, 34,800 gallons, 40 percent complete with respect to conversion costs. Required: Compute the cost of goods transferred out and the ending inventory for July using the weighted-average method. Note: Do not round your intermediate calculations.

The following cost information is available for July for the Crest Plant at Calvert Company: Materials are added at the beginning of the process. The following quantities have been recorded: - Beginning inventory, 46,400 partially complete gallons, 25 percent complete with respect to conversion costs. - Units started in July, 92,800 gallons. - Units transferred out in July, 104,400 gallons. - Ending inventory, 34,800 galions, 40 percent complete with respect to conversion costs. Required: Compute the cost of goods transferred out and the ending inventory for July using the weighted-average method. Note: Do not round your intermediate calculations