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 inventoryDirect materials$976Conversion costs272Current period costsDirect materials11,440Conversion costs6,644

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

#4

Beginning inventory600units(60% complete to materials,

53% complete to conversion)Current period units started4,000unitsEnding inventory1,200units(40% complete to materials,

20% complete to conversion)

Compute the cost of goods transferred out and the ending inventory using the weighted-average method.(Do not round intermediate calculations.)