EFZ, Inc.uses a weighted-average process-costing system. All materials are introduced at the beginning of production; conversion cost is incurred evenly throughout manufacturing.

The following information pertains to May:

Beginning work in process (70% complete) 8,000 units Goods completed during May 55,000 units

Ending work in process (40% complete) 13,000 units

Calculate the cost of goods completed during May and the cost of the ending work-in-process inventory. The company's accountant has already computed the cost per equivalent unit, as follows: materials, $6; conversion, $13.

Required: Calculate the cost of goods completed during May and the cost of the ending work-in-process inventory.