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Exercise 16-3 (Part Level Submission) The ledger of American Company has the following work in process account. Work in Process-Painting 5/1 Balance 3,890 5/31 Transferred

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Exercise 16-3 (Part Level Submission) The ledger of American Company has the following work in process account. Work in Process-Painting 5/1 Balance 3,890 5/31 Transferred out? 5/31 Materials 6,340 5/31 Labor 4,030 5/31 Overhead 1,680 5/31 Balance Production records show that there were 510 units in the beginning inventory, 30% complete, 1,650 units started, and 1,580 units transferred out. The beginning work in process had materials cost of $2,840 and conversion costs of $1,050. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process (a) Your answer is correct. How many units are in process at May 31? Work in process, May 31 Click if you would like to Show Work for this question: 580 units Open Show Work

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