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	$	992
Conversion costs		407
Current period costs
Direct materials		18,540
Conversion costs		10,538

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

Beginning inventory	900	units	(60% complete as to materials, 55% complete as to conversion)
Current period units started	4,900	units
Ending inventory	1,100	units	(40% complete as to materials, 25% complete as to conversion)
Compute the equivalent units for the materials and conversion cost calculations. Compute the cost of goods transferred out and the ending inventory using the weighted-average method