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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 $ 1,010
Conversion costs 527
Current period costs
Direct materials 24,060
Conversion costs 14,398

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

Beginning inventory 700 units (70% complete as to materials, 54% complete as to conversion)
Current period units started 5,700 units
Ending inventory 1,900 units (50% complete as to materials, 25% 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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