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	$	980
Conversion costs		302
Current period costs
Direct materials		12,208
Conversion costs		7,788

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

Beginning inventory	550	units	(70% complete as to materials, 60% complete as to conversion)
Current period units started	4,200	units
Ending inventory	1,100	units	(50% complete as to materials, 20% complete as to conversion)

Compute the

-cost of goods transferred out

-ending inventory using the FIFO method.