The following data have been compiled for Lily Enterprises Ltd for the month of August. Conversion occurs uniformly throughout the production process.

Work in process, 1 August 17,000 units
Direct material (100% complete)		$45,000
Conversion (46% complete)		$10,000
Balance in work in process, 1 August		$55,000
Units started during August		142,000
Units completed during August and transferred out to finished goods inventory		97,000
Work in process, 31 August:
Direct material (100% complete)
Conversion (27% complete)
Costs incurred during August:
Direct material		$240,000
Conversion costs:
Direct labour	$89,000
Manufacturing overhead	$446,000	$535,000
Total production costs incurred during August		$775,000

Required:

Using the Weighted Average method, compute the amount for cost remaining at 31 August work in process inventory. Workings on equivalent units and unit cost per equivalent units for both DM and CC should be provided for partial marks.