Annin Laboratories uses the weighted$-$average method to account for its work$-$in$-$process inventories. The accounting records show the following information for February:

Beginning WIP inventory

Direct materials $ $26,053$

Conversion costs $8,455$

Current period costs

Direct materials $156,347$

Conversion costs $79,865$

Quantity information is obtained from the manufacturing records and includes the following:

Beginning inventory $6,000$ units $(40\%$ complete as to materials, $15\%$ complete as to conversion$)$

Current period units started $45,100$ units

Ending inventory $22,000$ units $(75\%$ complete as to materials, $35\%$ complete as to conversion$)$

Exercise $8-42($Algo$)$ Assign Costs to Goods Transferred Out and Ending Inventory: Weighted$-$Average Method $($LO $8-2,3)$

Compute the cost of goods transferred out and the ending inventory for February using the weighted$-$average method.

Note: Do not round intermediate calculations.