[The following information applies to the questions displayed below.) 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. $ 992 407 Beginning WIP inventory Direct materials Conversion costs Current period costs Direct materials Conversion costs 18,540 10,538 Quantity information is obtained from the manufacturing records and includes the following. Beginning inventory Current period units started Ending inventory 900 units (60% complete as to materials, 55% complete as to conversion) 4,900 units 1,100 units (40% complete as to materials, 25% complete as to conversion) Exercise 8-34 (Algo) Assign Costs to Goods Transferred Out and Ending Inventory: Weighted-Average Method (LO 8-2, 3) Compute the cost of goods transferred out and the ending inventory using the weighted-average method. (Do not round intermediate calculations.) Costs of goods transferred out Costs in ending inventory