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Question 1 of 13 > 0.4/1 Current Attempt in Progress The ledger of Sheffield Company has the following work in process account. MANUFACTURING COSTS WORK

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Question 1 of 13 > 0.4/1 Current Attempt in Progress The ledger of Sheffield Company has the following work in process account. MANUFACTURING COSTS WORK IN PROCESS Raw Materials Inventory Factory Labor Manufacturing Overhead Painting FINISHED GOODS INVENTORY Balance May 1 $3,690 Materials -$5,940 5,940 Labor $3,678 3,678 Overhead -$1,980 1,980 Transfer out -? Balance May 31 $? Production records show that there were 500 units in the beginning inventory. 30% complete 1.700 units started, and 1.400 units transferred out. The beginning work in process had materials cost of $2,640 and conversion costs of $1,050. The unitsin ending inventory were 40% complete. Materials are entered at the beginning of the painting process (d) What is the total cost of units transferred out in May? The total cost of units transferred out in May $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit

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