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	$	970
Conversion costs		512
Current period costs
Direct materials		22,295
Conversion costs		13,437

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

Beginning inventory	650	units	(60% complete as to materials, 54% complete as to conversion)
Current period units started	5,600	units
Ending inventory	1,800	units	(40% complete as to materials, 20% complete as to conversion)

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.)