1. Lemonade Company produces shirts and shorts. It has two departments that process all products. During February, the beginning Work in Process in the first department was 1/2 completed as to conversion, and complete as to direct materials. The beginning inventory included $40,000 for materials and $60,000 for conversion cost. Ending Work in Process inventory in department 1 was 40% complete. Direct materials are added at the end of the process. Beginning Work in Process in department 2 was 20% incomplete as to conversion. Direct materials for department 2 are added near the end of the process. Beginning inventories included $24,000 for transferred-in cost and $28,000 for conversion costs. Ending inventory was 70% incomplete. Additional data about the two department are as follows:

	Department 1	Department 2
Transferred-out Cost	128,000	68,500
Conversion Cost	28,000	68,500
Materials Added	48,000	34,000
Beginning, In Process in units	20,000	24,000
Units Started this Period	60,000	68,000
Units Transferred this Period	64,000	20,000

Under average method, how much is the cost of work-in process, ending?