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 Conversion costs Current period costs Direct materials Conversion costs $ 2,200 500 31,790 15,824 Quantity information is obtained from the manufacturing records and includes the following: Beginning inventory Current period units started Ending inventory 600 units (70% complete as to materials, 40% complete as to conversion) 4,400 units 1,200 units (30% complete as to materials, 10% complete as to conversion) Required: Compute the cost of goods transferred out and the ending inventory using the FIFO method. (Do not round your intermediate calculations. Round your final answers to nearest whole dollar value.)