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 $ 962 Conversion costs 497 Current period costs Direct materials 21,390 Conversion costs 12,537 Quantity information is obtained from the manufacturing records and includes the following. Beginning inventory 600 units (60% complete as to materials, 56% complete as to conversion) Current period units started 5,500 units Ending inventory 1,700 units (40% complete as to materials, 15% complete as to conversion) Compute the cost of goods transferred out and the ending inventory using the weighted-average method