Current Attempt in Progress The ledger of Hasgrove Company has the following work in process account. Work in Process-Painting 3/1 Balance 3,650 3/31 Transferred out ? 3/31 Materials 5,940 3/31 Labor 2,400 3/31 Overhead 1,136 3/31 Balance ? Production records show that there were 800 units in the beginning inventory, 30% complete, 1,100 units started, and 1,400 units transferred out. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. Hasgrove uses the FIFO method to compute equivalent units. Answer the following questions. (a) Your answer is correct. How many units are in process at March 31? Work in process, March 31 500 units e Textbook and Media Assistance Used Attempts: 1 of 5 used (f) What is the cost of the March 31 inventory? Total cost of work in process, March 31 $ $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (b) Your answer is correct. What is the unit materials cost for March? (Round unit cost to 2 decimal places, e.g. 2.25.) The unit materials cost for March $ 5.40 e Textbook and Media Attempts: 1 of 5 used (c) Your answer is correct. What is the unit conversion cost for March? (Round unit cost to 2 decimal places, e.g. 2.25.) The unit conversion cost for March $ $ 2.60 e Textbook and Media Assistance Used Attempts: 1 of 5 used (d) Your answer is correct. What is the total cost of units started in February and completed in March? Total cost $ 5.106 e Textbook and Media Assistance Used Attempts: 1 of 5 used (e) Your answer is correct. What is the total cost of units started and finished in March? Total cost $ 4,800 e Textbook and Media Attempts: 1 of 5 used