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

Work in process, February 110,000Units

Direct Material$5,500

Conversion17,000

Costs incurred during February

Direct Material$ 110,000

Conversion171,600

The equivalent units of activity for February were as follows:

Direct material (Weighted - average method)110,000

Conversion (Weighted - average method)92,000

Completed and transferred out90,000

Required:

Compute the following amount 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.