The ledger of American Company has the following work in process account Work in Process-Painting 5/1 Balance 3,890 5/31 Transferred out? 5/31 Materials 5,900 5/31 Labor 3,066 5/31 Overhead 2,480 5/31 Balance ? Production records show that there were 600 units in the beginning inventory, 30% complete, 1,800 units started, and 1.500 units transferred out. The beginning work in process had materials cost of $2,740 and conversion costs of $1,150. The units in ending inventory were 40% complete. Materials are entered at the beginning of the painting process. Your answer is correct How many units are in process at May 31? Work in process, May 31 900 units e Textbook and Media Question Part Score 0.5/0.5 Your answer is correct What is the unit materials cost for May? (Round unit cost to 2 decimal places, c.9. 2.25.) The unit materials cost for May $ 3.60 e Textbook and Media Question Part Score 0.5/0.5 Your answer is correct What is the unit conversion cost for May? (Round unit cost to 2 decimal places, eg 2.25) The unit conversion cost for May $ 36 e Textbook and Media Question Part Score 0.5/0.5 X Your answer is incorrect. What is the total cost of units transferred out in May? The total cost of units transferred out in May $ 9436 eTextbook and Media Question Part Score 0/0.5 X Your answer is incorrect What is the cost of the May 31 Inventory? Work in process $ 1860 e Textbook and Media Question Part Score 0/05