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:

Beginning WIP inventory
Direct materials	$	980
Conversion costs		557
Current period costs
Direct materials		27,220
Conversion costs		16,803

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

Beginning inventory	800	units	(65% complete as to materials, 56% complete as to conversion)
Current period units started	5,900	units
Ending inventory	1,500	units	(45% complete as to materials, 15% complete as to conversion)

Required information

Required:

(1) Compute the equivalent units for the materials and conversion cost calculations.

(2) Compute the cost per equivalent unit for direct materials and conversion costs. (Round your answers to 2 decimal places.)

(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