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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.

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 $ 955
Conversion costs 482
Current period costs
Direct materials 21,190
Conversion costs 12,559

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

Beginning inventory 550 units (70% complete as to materials, 56% complete as to conversion)
Current period units started 5,400 units
Ending inventory 1,600 units (50% complete as to materials, 30% complete as to conversion)

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 _____________________

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