Question 6 of 10 < > The ledger of Magdy Company has the following work in process account: Work in Process-Painting 5/1 Balance $3,590 5/31 Transferred out $? 5/31 Materials 7,930 5/31 Labour 2,400 5/31 Overhead 841 5/31 Balance $? -/1 1 Production records show that there were 390 units in the beginning inventory, 35% complete, 1.250 units started, and 1.250 units transferred out. The beginning work in process had materials costs of $1.910 and conversion costs of $1,680. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process.