Production data:
Pounds in process, May 1: materials 100% complete; conversion 90% complete		82,000
Pounds started into production during May		470,000
Pounds completed and transferred to the next department		?
Pounds in process, May 31: materials 70% complete; conversion 30% complete		42,000
Cost data:
Work in process inventory, May 1:
Materials cost	$	152,300
Conversion cost	$	52,300
Cost added during May:
Materials cost	$	791,650
Conversion cost	$	287,390

Determine the cost of ending work in process inventory and of the units transferred out to the next department. (Round your intermediate calculation to 2 decimal places and final answers to the nearest whole dollar amount.)

4.	Prepare a cost reconciliation report for the month. (Round your intermediate calculation to 2 decimal places and final answers to the nearest whole dollar amount.)