Ch 164: Homework Question 1 of 13 0.2/1 The ledger of Sheffield Company has the following work in proces scount, WORK IN PROCESS MANUFACTURING COSTS Raw Material Factory Inventory Labor Manufacturing Overhead FINISHED GOODS INVENTORY Painting $490 Balance MW 1 540 55 940 Materials Libor 3.678 54678 -51.90 1.980 Overhead 3 Trander out Balance May 11 Production records show that there were 500 units in the beginntry 30% complete 1.700 units started 2400 transferred out. The beginning work in process had materials.com of $2.610 and conversion as of $1050 Themin endine Inventory were complete Materials are entered at the beginning of the pro (a) ur D (c) Your answer is incorrect. What is the unit conversion cost for May? (Round unit cost to 2 decimal places, es. 2.25) The unit conversion cost for May $