The following data pertain to Tuscaloosa Paperboard Company, a manufacturer of cardboard boxes.

Work in process, March 1 10,000 units*

Direct material............................................................................. $ 10,900

Conversion.................................................................................. 28,950

Costs incurred during March

Direct material............................................................................ $112,700

Conversion.................................................................................. 160,200

*Complete as to direct material; 35% complete as to conversion.

The equivalent units of activity for March were as follows:

Direct material (weighted-average method)............................... 103,000

Conversion (weighted-average method)..................................... 97,000

Completed and transferred out................................................. 89,000

Required:

Compute the following amounts using weighted-average process costing.

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

2. Cost of the March 31 work-in-process inventory.