Question 1 The ledger of American Company has the following work in process account. Work in Process-Painting 3,890 5/31 Transferred out ? 5/1 Balance 5/31 Materials 5.510 5/31 Labor 5/31 Overhead 1,480 531 Balance 3,630 1 49 ut. The be inning workin process had materials cost of S Production records show at here were 560 units in he be inning in en on 30% comp ete 1 770 units started an The units in e ding inventory were 40% complete. Materials are entered at the beginning of the painting process. units ran erre and conversion cost ot