Albutte. Inc., which uses the weighted average method of process costing, has two depart ments: Production and Finishing. In the Finishing department, direct materials are added at the beginning of the process, and conversion costs are incurred evenly throughout the process. The Finishing department began December with 2,000 units in work-in-process inventory that were 40% complete and were valued at $10,000 ($8,000 in transferred in costs, $500 in direct materials, and $1,500 in conversion costs). During December, the Finishing department incurred $5,500 in direct materials costs and $12,500 in conver- sion costs. Eighteen thousand units costing $72,000 in the Production department were transferred into Finishing during the month. Fifteen thousand units were finished during December, 500 of which were spoiled (spoilage is normally 3% of good units). All unfin- ished units were 50% complete. Find the value of units completed and transferred out, ending work-in-process inventory. and the loss caused by abnormal spoilage for the Finishing department.