Exercise 3-3 (Video) 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 6,900 5/31 Labor 4,098 5/31 Overhead 2,280 5/31 Balance ? Production records show that there were 500 units in the beginning inventory, 30% complete, 1,700 units started, and 1,600 un process had materials cost of $2,340 and conversion costs of $1,350. The units in ending inventory were 40% complete. Materia painting process. How many units are in process at May 31? Work in process, May 31 6900 units LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERC What is the unit materials cost for May? (Round unit cost to 2 decimal places, e.g. 2.25.) The unit materials cost for May LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCES What is the unit conversion cost for May? (Round unit cost to 2 decimal places, e.g. 2.25.)