The following data pertain to Tulsa Paperboard Company, a manufacture of cardboard boxes.

Work in process, February 1……………………………………….     10,000 units

Direct material ………………………………………………………           $ 5,500

Conversion ………………………………………………………….             17,000

Costs incurred during February

Direct material ………………………………………………………       $110.000

Conversion ………………………………………………………….          171,600

Complete as direct material 40% complete to conversion 

The equivalent units of activity for February were as follows:

Direct material (weighted-average method) …………………………          110,000

Conversion (weighted-average method ………………………………             92,000

Completed id transferred out …………………………………………                  90,000

Required: 

Compute the following amounts using weighted-average process costing.

1. Cost of goods completed and transferred out during February.

2. Cost of the February 28 work-in-process inventory.