he ledger of Hasgrove Company has the following work in process account. Work in ProcessPainting 3/1 Balance 3,770 3/31 Transferred out ? 3/31 Materials 6,600 3/31 Labor 2,800 3/31 Overhead 872 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.