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Question 1 of 7 -/1 The ledger of American Company has the following work in process account. Work in Process --Painting 5/1 Balance 3.790 5/31 Transferred out? 5/31 Materials 5,890 5/31 Labor 4,194 5/31 Overhead 2,380 5/31 Balance ? Production records show that there were 500 units in the beginning inventory, 30% complete, 1,600 units started and 1,400 units transferred out. The beginning work in process had materials cost of $3,140 and conversion costs of $650. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. How many units are in process at May 31? Work in process, May 31 units 4 w MacBook Pro 30 888 74 85 Dll FI 72 F & - N * $ 4 % 5 ( 9 7 8 W E R T Y U 0 a 4 S D F G H J K L N CV B N M Question 1 of 7 What is the unit materials cost for May? (Round unit cost to 2 decimal places, es, 2.25.) The unit materials cost for May $ What is the unit conversion cost for May? (Round unit cost to 2 decimal places, eg, 2.25.) The unit conversion cost for May $ What is the total cost of units transferred out in May? The total cost of units transferred out in May $ A w MacBook Pro 80 FI F2 000 000 F4 DW FS F6 00 77 59 @ $ 2 3 4 5 6 7 8 9 0 W E R Y Y U E 0 The unit conversion cost for May $ What is the total cost of units transferred out in May? The total cost of units transferred out in May $ What is the cost of the May 31 inventory? Work in process $ Save for Later Attempts: 0 of 2 used 3 A MacBook Pro 80 FI F2 888 F4 3 FS od 12 DI FB @ $ % & 2 3 4 5 6 7 8 9 W E R T Y U 0