The Matsui Lubricants plant uses the FIFO method to account for its work-in-process inventories. The accounting records show the following information for a particular day:

Beginning WIP Inventory

Direct Materials - $1,900 Conversion Costs - 500

Current period costs

Direct materials - 29,088 Conversion costs - 20,075

Quantity information is obtained from the manufacturing records and includes the following:

Beginning Invenotry - 600 units (50 % complete as to materials, 60% complete as to conversion)

Current period units started - 4,400 units

Ending Inventory - 1,100 units ( 40% complete as to materials, 10% complete as to conversion)

Compute the cost of goods transferred out and the ending inventory using the FIFO method:

Cost of goods trasferred out:___________

Cost of ending invenotry:_____________