The following data pertain to Tulsa Paperboard Company, a manufacturer of cardboard boxes.

Work in process, February 1	9,000	units*
Direct material	$ 20,600
Conversion	16,900
Costs incurred during February
Direct material	$ 172,000
Conversion	152,750

*Complete as to direct material; 20% complete as to conversion.

The equivalent units of activity for February were as follows:

Direct material (weighted-average method)	107,000
Conversion (weighted-average method)	87,000
Completed and transferred out	80,000

Required:

Compute the following amounts using weighted-average process costing.

1. Cost of goods completed and transferred out during February.

2. Cost of the February 28 work-in-process inventory.