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Exercise 3-3 The ledger of American Company has the following work in process account. Work in Process-Painting 5/1 Balance 3,690 5/31 Transferred out ? 5/31 Materials 5,610 5/31 Labor 5/31 Overhead 2,480 3,730 5/31 Balance Production records show that there were 410 units in the beginning inventory 30% complete, 1,720 units started, and 1,490 units transferred out. The beginning work in process had materials cost of $2,240 and conversion costs of S 1,450. The units in ending inventory were 40% complete. Materials are entered at the beginning o the painting process How many units are in process at May 317 Work in process, May 31 units