Help Save & Exit Required information Exercise 8-37, 8-38, 8-39, 8-40 (Algo) (LO 8-2. 3,5) [The following information applies to the questions displayed below) Pacific Ink had beginning work in process inventory of $750,960 on Octobert. Of this amount, $307.920 was the cost of direct materials and $443.040 was the cost of conversion. The 51000 units in the beginning inventory were 25 percent complete with respect to both direct materials and conversion costs During October, 108,000 units were transferred out and 33.000 remained in ending inventory. The unitsin ending inventory were 75 percent complete with respect to direct materials and 35 percent complete with respect to conversion costs. Costs incurred during the period amounted to $2,556,000 for direct materials and $3.278.760 for conversion CE Exercise 8-38 (Algo) Assign Costs to Goods Transferred Out and Ending Inventory: Weighted Average Method (LO 8-2,3) Compute the costs of goods transferred out and the ending invertory using the weighted-average method. (Round Intermediate calculations to 2 decimal places.) Cost of goods transferred out Ending mentory